Agile is modernizing mortgage-backed securities trading by unifying mortgage lenders and broker-dealers on a single electronic platform that replaces historically manual, phone-based workflows with secure, intelligent digital execution. With the release of its fully transformed MBS pooling and bidding functionality, Agile now delivers an end-to-end, four-stage workflow that streamlines pool setup through awards — expanding dealer access, improving transparency and strengthening execution for market participants of all sizes.
MBS pool bidding has traditionally relied on fragmented processes across emails, spreadsheets, calls and chat tools, creating inefficiencies and elevated operational risk. Agile consolidates these steps into one standardized platform that enables real-time bid management, consistent data formats and faster decision-making. The result is greater control over execution, fewer errors and a smoother experience for both lenders and dealers.
Agile’s impact is reflected in measurable outcomes across its platform. Trading activity conducted on Agile has produced broker-dealer pricing with an average 3 basis point spread — translating into approximately 3 basis points of savings for lenders and demonstrating the platform’s ability to surface more competitive pricing at scale. Automation and electronic workflows have also driven a 46% reduction in transactional phone calls and a 25% increase in overall trading productivity, enabling teams to manage higher volumes without added headcount. With its expanded pool functionality, Agile is accelerating the industry’s shift toward more efficient, compliant and scalable electronic MBS market participation.
