What are TBAs? Agile Explainer Video
In this latest interview with Greg Vacura, he explains the definition of a to-be-announced (TBA) security, how they are used by mortgage lenders, and how Agile helps facilitate this process.
What are Limit Orders? Agile Explainer Video
Lenders can request the limit order on fringe products as an additional beneficial option in their trading. Watch the video to learn about limit orders from Agile’s president, Greg Vacura.
What is Fourth Month?
Agile is a fintech company that focuses on efficiency and liquidity in the MBS market. Watch the video below to learn more about Agile from its president, Greg Vacura.
Agile Trading Technologies Explained
Agile is a fintech company that focuses on efficiency and liquidity in the MBS market. Watch the video below to learn more about Agile from its president, Greg Vacura.
Fourth Month: A Revolution in Off Screen Trading
Traditionally, major TBA trading technologies have provided screen pricing for three settlement months: the front, mid, and back months. Transactions outside of these standard months, such as the fourth month, have been infrequent by comparison. The absence of a ticker for fourth month trades has led to a lack of definitive price transparency. Traders have had to rely on a combination of roll cost calculations in standard settlements and alternative methods to determine whether the prices they are receiving are equitable.
To improve transparency for fourth-month securities, Agile has introduced competitive electronic bidding for the fourth month. While the fourth month still lacks a ticker, traders can now access pricing on these securities from multiple dealers simultaneously. This development promotes a better understanding of where fourth month securities are trading and enables more informed decisions on whether they are priced attractively relative to standard TBA security settlements.
2023 at Agile: Year in Review
2023 at Agile: Year in Review A Letter from Greg Vacura, President Dear clients and colleagues, As we wind down the calendar year, there is much to be grateful for at Agile. We’re thankful for the growing community of lenders and dealers whose support and ideas empower us to improve our electronic platform. In 2023, […]
CMBA Connect Podcast, Episode 166, Featuring Greg Vacura, President, Agile Trading Technologies
Greg Vacura joins the Susan Milazzo on CMBA Connect Podcast | Episode 166 We are honored to be invited to be a part of episode 166 for CMBA Connect this week. Susan Milazzo, CEO of CMBA sat down with Greg Vacura, President of Agile Trading Technologies, to discuss his journey into the mortgage industry, how companies can […]
Agile Whitepaper – How (and How Much) Agile Helps Mortgage Originators Save on Hedging Costs
Are you looking for areas to save on loan pipeline hedge costs? Agile’s whitepaper, How (and How Much) Agile Helps Mortgage Originators Save on Hedging Costs, discusses several ways that mortgage bankers may pick up basis points in gain on sale*, all while saving time and reducing errors.
Agile Appoints Greg Vacura as President to Further Mission of Creating a Better MBS Market
Agile Appoints Greg Vacura as President to Further Mission of Creating a Better MBS Market Former Wells Fargo Executive Brings Depth of Expertise to Growing Fintech Philadelphia, PA, June 28, 2023 – Agile, a groundbreaking fintech bringing mortgage lenders and broker-dealers together on a single electronic platform, today announced the appointment of Greg Vacura as […]
Agile CTO Advises to Heed Lessons from 2022 Mortgage Capital Markets
Agile CTO Advises to Heed Lessons from 2022 Mortgage Capital Markets Agile CTO, Phil Rasori, recently shared with Forbes his thoughts on the three most important lessons from 2022 that continue to resonate in today’s mortgage capital markets. The interconnectedness of mortgage risks, making critical decisions, and the importance of the Fed are a few […]
Agile CTO Shares Insight on How to Navigate a Volatile Market: MBS Edition via Forbes
Agile CTO Shares Insight on How to Navigate a Volatile Market in new Forbes Finance Council Article Agile CTO, Phil Rasori, recently shared his thoughts on navigating a volatile secondary mortgage market. In the Forbes Finance Council article, Phil explores key data impacting the industry (e.g., CPI readings, FOMC announcements), as well as shares tips […]
Agile CTO, Phil Rasori, Explores the Benefits of Hedging a Mortgage Pipeline in his latest Forbes Finance Council Article
Agile CTO, Phil Rasori, Explores the Benefits of Hedging a Mortgage Pipeline in his latest Forbes Finance Council Article 2022 has been a year marked by volatility, inflation, and a looming recession, and in his latest Forbes Finance Council article, Agile Chief Technology Officer, Phil Rasori, explores how hedging a mortgage pipeline can help mitigate […]
Agile Selected as 2022 HousingWire Tech100 Winner
Agile Selected as 2022 HousingWire Tech100 Winner We’re excited to announce that Agile’s been listed as one of the 2022 Tech 100 Mortgage Honorees by HousingWire. The list is comprised of the most innovative technology companies in the housing market. It provides housing professionals a look into the “most impactful organizations that can be leveraged […]