Skip to main content

Resitrader Joins Freddie Mac as a Platform Participant
Jan 18, 2018
Resitrader has announced new features to its digital platform that enable originators to sell loans faster with greater precision and better results

Resitrader has completed connectivity of its digital pricing and commitment platform with Freddie Mac. The streamlined interface with Freddie Mac will enable participants to quickly and efficiently obtain loan-level pricing on Freddie Mac-eligible loans, including the full array of loan characteristics that qualify for "specified pay-ups.” Resitrader users then may compare Freddie Mac pricing with alternative executions such as bulk bids.
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.
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.
"Our participation on the Resitrader platform allows Freddie Mac to offer our customers an additional way to obtain and compare loan pricing to support their best execution decisions,” said Tim Kitt, Vice President of Pricing and Analytics at Freddie Mac. “Customers will also be able to manage and complete their trades on the Resitrader platform for added efficiencies."
Resitrader users said the integrated platform helps them to quickly identify best pricing options through Freddie Mac pay-up grids and simplifies the commitment process.
"Resitrader's integration enables me to swiftly compare live quotes and complete pricing from Freddie Mac against all of my execution options," said Mike Peterson, Executive Vice President of Secondary Marketing at Skyline Financial in Calabasas, Calif.

Jan 18, 2018
More from
Suffolk County Data Breach Puts Contracts On Back Burner

Cyberattack beginning Sept. 8 prevents title services from closing loans.

Sep 27, 2022
The Real Brokerage Acquiring LemonBrew Lending For $1.25M

Real said the acquisition marks the next step in its strategy to develop a seamless end-to-end home buying experience.

Sep 26, 2022
Guaranteed Rate Launches Spanish Language Mortgage Program

The expanded Language Access Program (LAP) delivers every step and communication in Spanish.

Sep 22, 2022
Maxwell Aims To Extend An Arm To Hispanic Buyers

New point of sales platform makes mortgage process automatically bilingual.

Sep 20, 2022
Rocket Launches Program To Discount 1st-Year Mortgage Payments

Offers new homebuyers 1 percentage point discount for first year of payments.

Sep 16, 2022
Expert: Zillow Privacy Lawsuit Has Wider Implications

Could decide just how vague privacy policies can be.

Sep 16, 2022