Home Buyer News

Resitrader Now Integrated with Freddie Mac – MortgageOrb

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Because we are hitting 5,000 to 6,000 per day now – and 76% of those are coming as a direct integration rather than a manual. Frazier: Because Fannie Mae and Freddie Mac rolled out this process a.

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Both VA and FHA showed an uptick. The.Resitrader Now Integrated with Freddie Mac – MortgageOrb – Resitrader’s platform also enables the commitment to Freddie Mac of loans that qualify for "specified pay-ups" – and Freddie Mac uses Resitrader to communicate trade confirmations directly back to the user.

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Resitrader developed the transaction capability with Freddie Mac during a pilot program with market participants, and is now expanding its capabilities to a broader base of Freddie Mac Seller/Servicers.

The company completed an early integration with Fannie Mae’s Pricing and Execution – Whole Loan application last year and was first to integrate with Freddie Mac’s Loan Selling Advisor in.

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Agency loans and other loan types, including government, jumbo and CRA loans, priced either individually or in pools, are all traded on the Resitrader exchange. The platform is integrated with both Fannie Mae and Freddie Mac so participants can easily and quickly obtain loan-level pricing on conventional loans, including all pay-up options.

Resitrader Inc. has announced it has completed full integration with Fannie Mae’s Pricing & Execution-Whole Loan (PE-Whole Loan) application for pricing and committing whole loans. This provides clients with the ability to obtain pricing across all "specified pay-up" options, and then commit and manage commitments for Fannie Mae loans through Resitrader’s digital trading platform.

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Resitrader also upgraded its integrations with Fannie Mae and Freddie Mac, empowering sellers to quickly access loan-level pricing, commitments and deliveries on agency loans. "Giving our clients a choice is critical to success," said Chris Bennett, principal of Vice Capital Management.