Company Information

Get to know Brace

Founded in 2017, Brace developed a SaaS platform designed to modernize the mortgage servicing industry. The company's core mission is to provide servicers, lenders, and their customers with a more transparent, efficient, and user-friendly experience, particularly for loss mitigation and loan default management. The platform automates complex workflows, improves communication, and ensures regulatory compliance. In June 2022, Brace was acquired by Flagstar Bank, N.A. to integrate its technology and further enhance Flagstar's digital servicing capabilities.

Industry

Technology Software DevelopmentPRIMARY
Financial Other Service

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Brace

United States

Founded in

2021 (5 Years)

Founded

Last online: No recent activity

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.