Resitrader launches whole loan mortgage trading platform

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Resitrader, Inc. is a Calabasas, California-based provider of whole loan mortgage trade management software. Its whole loan platform enables loan originators, banks, servicers, brokers and financial advisors to exchange loan data, documents and pricing information in order to buy and sell whole loans.

a 30-year industry veteran who was brought on by Resitrader, Inc., as its new national sales executive. Resitrader is a provider of whole loan mortgage trade management software that operates its own.

More than three dozen participants now trade regularly on the system. LOS ANGELES, CA (May 16, 2016) – Resitrader Inc.’s whole loan mortgage trading platform has passed the $500 million mark in loans traded. "We think our timing was right, and the market is now ready for a platform of this type," said John Ardy, Resitrader’s CEO.

Optimal Blue’s recent acquisition of market leader Resitrader created the largest loan trading platform in the industry. In the last year, Resitrader saw a 350% increase in the number of sellers and more than 300% growth in loan trading volume, while also increasing the offer-to-purchase rate for sellers on the platform.

Resitrader has achieved remarkable success with its trading platform over the past year, recording a 400% increase in transactions. "Two years ago, Optimal Blue set out to build a Digital Mortgage.

Lenders can also now use Resitrader’s whole loan mortgage trading platform to communicate with buyers and sellers in real-time. The partnership also allows lenders to exchange loan data while.

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’s whole loan trading platform enables originators, banks, servicers, brokers and financial advisors to exchange loan data, documents and pricing information in order to buy and sell whole loans. The new features will enable originators to sell loans faster with greater precision and better results, the company claims.

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National Sales Executive Resitrader October 2016 – December 2017 1 year 3 months. Greater Los Angeles Area. Resitrader’s platform is revolutionizing the way the mortgage market trades loans.