PRZOOM - /newswire/ -
Denver, CO, United States, 2011/08/16 - Secondary Interactive (SI), announced that its customers can now access MBSQuoteline’s live TBA mortgage-backed security prices and mortgage market news and analysis, at a discounted price - MBSQuoteline.com / SecondaryInteractive.com.
Secondary Interactive, the award-winning provider of mortgage pipeline management, best execution and loan allocation technology & services, announced that its customers can now access MBSQuoteline’s live TBA mortgage-backed security prices and mortgage market news and analysis, at a discounted price.
While the SI system incorporates real-time market data from Tradeweb and Bloomberg into its analytics, executive management recognized that many of its customers wanted current securities pricing but, could not justify the expense of other providers. This partnership satisfies the demand for a “skinny” version that gives SI customers convenient, and portable, access to real-time market quotes. Secondary Interactive customers will now have the entire suite of MBSQuoteline products and services available at a discounted rate, if they choose to supplement SI’s existing offerings.
Don Brown, co-founder of Secondary Interactive said,“MBSQuoteline enables SI customers to stay abreast of changing market conditions at an affordable price. They get a broad range of services including real-time MBS prices, alert e-mails or texts, expanded market coverage, ARM indexes, commentary and analytics, as well as mobile access to the service. We are always looking to give our customers as many resources as possible to ensure their success. The MBSQuoteline initiative fits seamlessly with that vision.”
Per Scott Sanderson, founder of MBSQuoteline,“We are very pleased that Don and his team at Secondary Interactive see the value in our timely, convenient, and reliable MBS price and mortgage market information service and in turn want to pass that value on to their customers. Our service will help SI customers better understand when mortgage pipeline risks are changing, just as it will help them appreciate the skills of the SI team in managing those risks.”
About Secondary Interactive
Founded in 2001 and based in Denver, Secondary Interactive (secondaryinteractive.com) is a Web-based provider of mortgage pipeline risk management, best execution and loan allocation technology & services that partners with mortgage bankers to help them capture the additional revenue from mandatory commitments while neutralizing market risk and preserving their pre-determined profit margin. The company offers both full service pipeline management and a unique self-hedge service for companies with internal expertise to manage their pipeline without any significant capital outlay for software. Secondary Interactive’s flexible model tailors pull-through and hedge strategy for each client’s unique business strategy.
MBSQuoteline (mbsquoteline.com) is a leading provider of the real-time mortgage market information essential to mortgage professionals, from pipeline risk managers to originators. Live mortgage-backed security prices are conveniently available to subscribers via the web or a PDA, as well as by emailed market updates and alerts throughout the day. Since 1992, by providing its subscribers the same real-time streaming data professional traders and investors use, MBSQuoteline has helped thousands of mortgage professionals improve their expertise and make better decisions.