From lenders to dealers of all sizes, Agile is the new way to quote mortgage-backed securities (MBS) via a single platform by overturning manual processes to unlock the potential of an electronic marketplace. The platform digitizes the historically phone-based communication process — which is time-consuming and raises the risk of human error — to support both TBA trading and MBS pooling. Conducting phone transactions in the MBS marketplace limits competition, which is why Agile supports bidding with multiple dealers.
- A robust community with 13 broker-dealers, 300+ lenders actively trading and 13.3k average monthly transactions.
- Users have experienced an average improvement of 1.6 basis points on their TBA trades after implementation.
- The platform has supported 289 unique clients who have requested positions in 2021 with 171,710 separate trade requests.
San Diego, California