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.
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Watch the video to learn more about TBAs from Agile’s president, Greg Vacura.
"Lenders using Agile have gotten a better price, increased efficiency, and improved the accuracy of their TBAs."
Agile brings together lenders and dealers of all sizes onto a single platform. Agile facilitates the exchange of TBA MBS by securing and automating communication between mortgage lenders and broker-dealers. Agile digitizes the historically phone-based process to an electronic platform which may improve profitability and efficiency, while reducing administrative errors. Through its competitive TBA RFQ digital platform, mortgage lenders gain access to national and regional broker-dealers previously inaccessible on digital platforms, while broker-dealers gain access to an ever-growing network of lenders. Based in Philadelphia, Agile Trading Technologies supports a national network of clients with a team of capital markets professionals who have deep trading experience at financial organizations of every size.
*Agile is not available for retail natural person investors. Past results are not a guarantee of future performance.
We believe that a transparent market is a better market, for all industry participants. This is why we’ve created a revolutionary electronic MBS platform that brings together mortgage lenders and broker-dealers of all sizes.
Because every counterparty deserves access to a fair, efficient and transparent marketplace.
