Resitrader’s Trading Platform Adopted by The Mortgage Collaborative

Sep 07, 2017

Resitrader Inc. has announced that it will be providing the Resitrader platform as a private label product to members of The Mortgage Collaborative (TMC).

The platform, called "TMCDirect," will provide TMC members with full access to Resitrader's trading platform, as well as special incentives and benefits for TMC members. With more than $1 billion of loans transacted monthly on the Resitrader platform, TMC members will have the opportunity to connect with other TMC members, as well as with a vibrant marketplace of 70-plus Resitrader customers for pricing, buying and selling whole loans.

"Through TMCDirect, we'll enable TMC member companies to buy and sell whole loans far more efficiently than previously possible," said John Ardy, Chief Executive Officver of Resitrader. "Our flexibility in connecting with any hedge advisory service, LOS (loan origination system), pricing engine or internal systems allows our users to connect with each other without limiting their technology options. We are the intersection for buyers, sellers and their important technology partners to create easy, efficient and profitable transactions."

About the author

NationalMortgageProfessional.com

Link copied

Published

Sep 07, 2017

Non-QM

NMP Deal Desk: Kind Lending Highlights How Asset Utilization Can Help Qualify More Non-QM Borrowers

Kind Lending executives discussed how asset depletion works, which borrowers may benefit most, and why brokers should take a closer look at borrowers with significant assets but non-traditional income

Mortgage professionals looking for new ways to qualify borrowers with substantial assets but non-traditional income got a closer look at asset utilization lending during NMP's latest Deal Desk webinar, sponsored by Kind Lending.During the June 17 session, Qualify More Borrow...

Industry News

Congress Nears Final Vote On 21st Century ROAD to Housing Act

Senate voted 87-8 to advance House-amended package, with final votes expected in coming days

After months of stalled progress, the House and Senate have reached an agreement to pass the 21st Century ROAD to Housing Act (HR 6644), a sweeping housing package designed to boost housing supply and affordability.The Senate voted 87-8 on July 16 to consider the House-amend...