Wells Fargo-backed fintech mortgage platform Maxwell has hired Sonny Abbasi as its first general counsel as it builds out its senior team following a recent $52.5 million funding round.

Abbasi most recently served as general counsel and chief compliance officer at Lenderworks, an outsourcing firm for the mortgage industry. He previously spent a decade at Fannie Mae—three years as director of mortgage-backed securities policy and seven years as associate general counsel.

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