Author Archives: Vice Capital Markets

Vice Capital Markets expands bid tape capabilities to include VantageScore data

New capability comes as FHFA directs Fannie Mae and Freddie Mac to approve VantageScore 4.0 for all lenders

NOVI, Mich., Sept. 10, 2026 (SEND2PRESS NEWSWIRE) — Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, today announced that its capital markets platform now supports the inclusion of VantageScore® credit scores on mortgage bid tapes, providing lenders and investors with greater visibility into loan-level credit characteristics during the secondary market execution process.

Image caption: Vice Capital Markets.

Lenders can now include VantageScore data, along with other loan-level characteristics, in the bid packages they provide investors. The score moves through the existing bid-tape process, so no separate submission is required. Lenders can also compare completed bid results against the credit profile of the loans they sold.

The announcement comes as the mortgage industry enters a new era of credit scoring competition. On Sept. 4, Federal Housing Finance Agency (FHFA) Director Bill Pulte announced that Fannie Mae and Freddie Mac would immediately approve all lenders to use VantageScore 4.0, following what Pulte described as a successful initial rollout in which 50 lenders had already delivered loans using VantageScore.

“Bill Pulte’s announcement is a significant moment for the mortgage industry,” said Chris Bennett, chairman of Vice Capital Markets. “If a lender is going to originate with VantageScore, the score shouldn’t disappear the moment the loan goes out for bid. We’ve been focused on ensuring our clients have the data and tools they need to make better secondary market decisions. Putting the score on the tape keeps it in front of the people pricing the loan.”

Vice Capital Markets continues to invest in technology and data integrations designed to help mortgage lenders improve their secondary market execution, manage interest rate risk and gain greater visibility into the factors driving investor valuations. Learn more at www.vicecapitalmarkets.com.

About Vice Capital Markets

Since 2001, Vice Capital Markets has expertly navigated interest rate risk and driven profitability on over $1 trillion in MBS trades and mortgage-related transactions for a diverse range of financial institutions. Utilizing proprietary risk-management models and an advanced investor and agency platform, Vice Capital has enabled clients to enhance their secondary market strategies and achieve optimal sales gains.

The company’s Vice Execution Portal™ (ViceEx) is an all-inclusive, whole-loan trading platform that enables lenders and secondary market managers to seamlessly send and receive aggregator bulk bids, compare agency executions with customizable retained or co-issue servicing values while guaranteeing the best execution that might otherwise be missed in a manual process.

With traders averaging over a decade of experience, Vice Capital brings the expertise necessary to tackle market challenges and consistently deliver secure and effective profit growth for its clients. For further information, visit www.vicecapitalmarkets.com or call 248-869-8100.

NEWS SOURCE: Vice Capital Markets

This press release was issued on behalf of the news source (Vice Capital Markets), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/vice-capital-markets-expands-bid-tape-capabilities-to-include-vantagescore-data/

Vice Capital Markets names Terry Aikin, CMB as executive vice president, strategic growth

NOVI, Mich., July 14, 2026 (SEND2PRESS NEWSWIRE) — Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, today announced the appointment of Terry Aikin as executive vice president, strategic growth.

Image caption: Vice Capital Markets names Terry Aikin, CMB as executive vice president, strategic growth.

With more than three decades of experience across mortgage banking, risk management and capital markets, Aikin will focus on expanding Vice Capital’s customer base, strengthening existing client relationships and identifying new market opportunities.

“Vice Capital’s success has been built on a foundation of relationships, integrity and expertise,” said Chris Bennett, chairman at Vice Capital Markets. “Throughout his career, Terry has followed that same philosophy, and I can think of no better candidate to help us expand our offerings and enhance our ability to optimize lenders’ secondary market strategies and maximize their profitability.”

In his leadership roles at MGIC, Synergy Appraisal Services, Mortgage Cadence, Solidifi and United Guaranty Corporation, Aikin has helped financial institutions navigate market challenges while driving sustainable growth. A 15-year instructor in the Mortgage Bankers Association (MBA) School of Mortgage Banking, Aikin also holds the MBA’s Certified Mortgage Banker (CMB) designation and was a 2025 recipient of the association’s E. Michael Rosser Lifetime Achievement Award. Outside the industry, Aikin serves as founder and president of the Fuel The Drive Foundation, a nonprofit organization dedicated to providing golf and tennis opportunities for underserved youth.

“Over the past 25 years, Vice Capital Markets’ commitment to delivering personalized service and expert guidance has been the key to its clients’ long-term success,” Aikin said. “I look forward to helping more financial institutions realize the benefits of working with Vice Capital and cementing its position as the industry’s most reputable capital markets, hedging and mortgage banking advisory firm.”

About Vice Capital Markets

NEWS SOURCE: Vice Capital Markets

To view the original story, visit: https://www.send2press.com/wire/vice-capital-markets-names-terry-aikin-cmb-as-executive-vice-president-strategic-growth/

Vice Capital Markets introduces agency market-based interest rate benchmark designed to expand insight into mortgage pricing

NOVI, Mich., May 7, 2026 (SEND2PRESS NEWSWIRE) — Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, today announced the public release of the Vice Capital Par Note Rate, a proprietary daily mortgage rate benchmark designed to provide a distinct, market-based view of mortgage pricing. Available via an online tracker, the benchmark provides lenders, analysts and other market participants with daily data, long-term trend analysis and custom charting dating back to 2008.

Image caption: Vice Capital Markets.

Calculated daily using Fannie Mae and Freddie Mac mortgage-backed security prices across the coupon stack, plus standard base guaranty fees and servicing, the Vice Capital Par Note Rate reflects the note rate at which a 30-year, fixed-rate loan could be sold at par into the agency market while retaining servicing. The benchmark is intended to complement other widely referenced mortgage rate measures by offering an additional perspective grounded in secondary market pricing rather than borrower-specific transaction characteristics, such as discount points, lender credits and loan-level pricing adjustments.

“Mortgage rate metrics can serve different purposes depending on what users are trying to measure,” said Chris Bennett, chairman at Vice Capital Markets. “Many widely followed figures provide valuable insight into borrower activity and market sentiment. The Vice Capital Par Note Rate is designed to complement those views by offering a consistent, market-based benchmark for analyzing mortgage rate movement over time.”

While Vice Capital Markets has used the par note rate internally in its modeling for decades, the company is now making the data publicly available to support more informed market analysis across the mortgage industry. Through the tracker, users can review daily weighted averages, analyze long-term trends and create custom charts across historical time periods.

“By making this data publicly available, we’re giving the industry another lens through which to evaluate mortgage rate movement,” said Troy Baars, president at Vice Capital Markets. “We believe the Vice Capital Par Note Rate will serve as a valuable benchmark for lenders, analysts and other market participants seeking deeper insight into market trends over time.”

To access the online tracker, visit https://vicecapitalmarkets.com/par-note-rate-historical-tracker/. Sign up to receive weekly updates on the Vice Capital Par Note Rate at https://vicecapitalmarkets.com/subscribe-vcm-par-note-rate-updates/.

About Vice Capital Markets

LOGO link for media: https://vicecapitalmarkets.com/wp-content/uploads/2020/05/VCMlogo.png

NEWS SOURCE: Vice Capital Markets

To view the original story, visit: https://www.send2press.com/wire/vice-capital-markets-introduces-agency-market-based-interest-rate-benchmark-designed-to-expand-insight-into-mortgage-pricing/

Vice Capital Markets introduces agency market-based interest rate benchmark designed to expand insight into mortgage pricing

Image caption: Vice Capital Markets.

About Vice Capital Markets

LOGO link for media: https://vicecapitalmarkets.com/wp-content/uploads/2020/05/VCMlogo.png

NEWS SOURCE: Vice Capital Markets

To view the original story, visit: https://www.send2press.com/wire/vice-capital-markets-introduces-agency-market-based-interest-rate-benchmark-designed-to-expand-insight-into-mortgage-pricing/

Vice Capital Markets Announces Support for New Fannie Mae Specified-Cash Payup Commitment Grids

NOVI, Mich., April 9, 2026 (SEND2PRESS NEWSWIRE) — Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, announced today that it now supports new 30-year fixed-rate specified-cash payup commitment grids from Fannie Mae, which became effective April 9, 2026.

Image caption: Vice Capital Markets.

The new commitment grids include:

30-Year Fixed Rate – $425k Max Loan Amount;
30-Year Fixed Rate – $450k Max Loan Amount; and
30-Year Fixed Rate – Manufactured Housing.

With these additions, Vice Capital clients can incorporate more precise pricing into their rate sheets and best execution analysis when evaluating eligible loans for delivery to Fannie Mae.

“As agency cash execution becomes more granular, lenders need to be able to reflect those distinctions in their pricing and delivery strategy,” said Shawn Ansley, Chief Information Officer at Vice Capital Markets. “Fannie Mae’s new commitment grids add useful precision for specific loan scenarios, and we’re making that available to clients so they can strengthen best execution analysis and act on opportunities more confidently.”

To explore how Vice Capital helps lenders optimize pricing, commitments and delivery strategies, visit www.vicecapitalmarkets.com.

About Vice Capital Markets

LOGO link for media: https://vicecapitalmarkets.com/wp-content/uploads/2020/05/VCMlogo.png

NEWS SOURCE: Vice Capital Markets

To view the original story, visit: https://www.send2press.com/wire/vice-capital-markets-announces-support-for-new-fannie-mae-specified-cash-payup-commitment-grids/

Vice Capital Markets Now Supports New Freddie Mac Cash-Specified Payup Types for 30-Year Fixed-Rate Mortgages

NOVI, Mich., April 6, 2026 (SEND2PRESS NEWSWIRE) — Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, announced today that two new Freddie Mac Cash-Specified Payup Types (CSPTs) for 30-year fixed-rate mortgages are now available through Vice Capital for both mandatory and best-efforts executions. The new payup types became effective in production on April 6, 2026.

Image caption: Vice Capital Markets.

The new Cash-Specified Payup Types apply to 30-year fixed-rate mortgages in two maximum low loan balance (LLB) categories: loans with balances of $425,000 or less and $450,000 or less. With this update, Vice Capital clients can now incorporate the new CSPTs into their secondary marketing execution workflows as they evaluate pricing and commit eligible loans to Freddie Mac.

“Speed to market matters in secondary, especially when new execution options become available,” said Shawn Ansley, Chief Information Officer at Vice Capital Markets. “Our priority is to ensure clients can take advantage of investor and agency updates the moment they become available. By supporting these new Freddie Mac Cash-Specified Payup Types at launch, we’re enabling lenders to respond quickly to market changes and immediately incorporate new execution opportunities into their decision-making.”

As a long-standing Freddie Mac Secondary Market Advisor, Vice Capital continues to expand and enhance its execution capabilities, helping lenders navigate agency pricing, commitments and delivery strategies with greater efficiency and confidence. For more information, visit www.vicecapitalmarkets.com.

About Vice Capital Markets

LOGO Link for media: https://vicecapitalmarkets.com/wp-content/uploads/2020/05/VCMlogo.png

NEWS SOURCE: Vice Capital Markets

To view the original story, visit: https://www.send2press.com/wire/vice-capital-markets-now-supports-new-freddie-mac-cash-specified-payup-types-for-30-year-fixed-rate-mortgages/

Vice Capital Markets Integrates with Fannie Mae’s New Loan Pricing API to Streamline Mortgage Loan Pricing and Commitment

NOVI, Mich., March 13, 2025 (SEND2PRESS NEWSWIRE) — Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, announced today it is the first to integrate Fannie Mae’s new Loan Pricing application programming interface (API) into its trading portal. The API consolidates multiple APIs into one, simplifying the loan pricing process and enhancing pricing and commitments.

Image caption: Vice Capital Markets.

The new Loan Pricing API delivers a comprehensive set of pricing options directly from Fannie Mae for loans, including base prices, service release premiums and national loan-level pricing adjustments (LLPAs), along with any internal pricing adjusters. Additionally, users can leverage the API to access best execution information seamlessly.

“This API is a game-changer for lenders looking to optimize their secondary execution,” said Shawn Ansley, Chief Information Officer at Vice Capital. “Previously, lenders needed to combine several APIs and rely on in-house calculations to obtain accurate pricing for loan commitments. Now, with this API, all necessary information is available at lenders’ fingertips with a single request. Our team has been rigorously testing and providing feedback to Fannie Mae throughout the development of this API, and we’re excited to begin deploying it for our clients’ benefit.”

“The Loan Pricing API is Fannie Mae’s latest enhancement intended to offer lenders and technology service providers access to comprehensive pricing information,” said Kunal Vakil, Single-Family Capital Markets Products – Vice President at Fannie Mae. “By streamlining the process of obtaining comprehensive loan data, the API will help facilitate a more informed best execution analysis.”

About Vice Capital Markets

NEWS SOURCE: Vice Capital Markets

To view the original story, visit: https://www.send2press.com/wire/vice-capital-markets-integrates-with-fannie-maes-new-loan-pricing-api-to-streamline-mortgage-loan-pricing-and-commitment/

Vice Capital Markets signs 50th Investor Partner to ViceEx mortgage whole loan trading platform

NOVI, Mich., Dec. 10, 2024 (SEND2PRESS NEWSWIRE) — Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, announced today the addition of its 50th investor to its all-inclusive whole loan trading platform Vice Execution Portal™ (ViceEx™). This addition enhances the platform’s ability to deliver unmatched market access and execution flexibility for clients selling mandatory, including all agency executions.

Image caption: Vice Capital Markets.

“ViceEx was designed to address the complexities of whole loan trading with unmatched simplicity and accuracy,” said Troy Baars, president of Vice Capital Markets. “Reaching this milestone with ViceEx demonstrates our commitment to empowering lenders with streamlined, data-driven solutions for their secondary execution needs. We’re eager to see how this platform continues to evolve and deliver for our clients.”

With ViceEx, secondary market managers can leverage a full data integration with Vice Capital’s reporting tools with the simple click of a button, creating streamlined solutions for lenders’ secondary execution needs. Tailored specifically to each individual lender’s pipeline, ViceEx enables lenders to send and receive aggregator bulk bids, compare agency executions with customizable retained or co-issue servicing values, to ensure precision in best execution evaluations. ViceEx finds the optimal specified pay-up for each individual loan in a sale to guarantee best execution that might otherwise be missed in a manual process, ensuring lenders can commit to the agencies with confidence. ViceEx’s 50-member bulk investor network includes Fannie Mae’s Servicing Marketplace and Freddie Mac’s Cash-Release XChange®.

“What sets ViceEx apart is its ability to adapt to each lender’s unique needs while delivering unparalleled precision in best execution,” said Chris Bennett, principal at Vice Capital Markets. “The addition of our 50th investor partner is not just a milestone for ViceEx but a signal of how far the industry has come in embracing technology to streamline execution. We’re thrilled to be at the forefront of this evolution.”

Vice Capital Markets has provided capital markets expertise for over 20 years to lenders across the country of all sizes, establishing a reputation as an industry leader in TBA position management, MSR hedging and agency pool trading. The company offers comprehensive trading tools and risk-management strategies designed to optimize whole loan and mortgage-backed securities (MBS) transactions for lenders. To learn more, visit https://www.vicecapitalmarkets.com/.

About Vice Capital Markets:

NEWS SOURCE: Vice Capital Markets

To view the original story, visit: https://www.send2press.com/wire/vice-capital-markets-signs-50th-investor-partner-to-viceex-mortgage-whole-loan-trading-platform/

Vice Capital Markets Integrates with Digital-First LOS Mortgage Machine

NOVI, Mich. /ScoopCloud/ -- Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, announced today it has completed its integration with Mortgage Machine™, an out-of-the-box, all-in-one loan origination system (LOS) designed to accelerate lenders' operational velocity and support an end-to-end digital origination process.

"We are pleased to announce our integration with Mortgage Machine. This integration not only streamlines our operations but also empowers our clients with unparalleled real-time insights and control over their mortgage pipelines," said Vice Capital Markets President Troy Baars. "By incorporating Mortgage Machine's sophisticated loan origination capabilities, we are enhancing our ability to respond dynamically to market conditions and optimize our strategic advisory services."

This collaboration, enhanced by Vice's advanced filters and methodologies, gives traders real-time access to mutual clients' pipelines, enabling them to precisely monitor and quantify pipeline changes throughout the day and execute optimal hedge adjustments. Additionally, the integration seamlessly connects with Vice Capital Markets' HedgePro™ trading platform, facilitating the efficient exchange of bulk tapes for best execution analysis and decision-making.

"Our collaboration with Vice Capital Markets reflects our commitment to driving innovation in the mortgage industry," said Jeff Bode, CEO at Mortgage Machine Services. "By integrating our all-in-one LOS with Vice's sophisticated trading tools, we are providing lenders with a powerful solution that streamlines operations, reduces risk, and ultimately improves their ability to compete in a fast-paced market."

Mortgage Machine simplifies complex mortgage processes with AI-powered automation, scalable cloud infrastructure, and flexible APIs, offering tailored workflows for retail, wholesale, and correspondent lending. Its seamless document management and point-of-sale functions give loan officers full control over the entire loan lifecycle, enhancing efficiency, reducing costs, and improving the borrower experience. For mutual client Legend Lending, Vice Capital Markets' integration with Mortgage Machine has resulted in a significant reduction in loan cycle times and enhanced precision in pipeline management, empowering them to deliver a superior borrower experience.

"This integration has been a game-changer for us," said Nich Hughes, CEO of Legend Lending. "The combined capabilities of Vice Capital Markets and Mortgage Machine provide us with a robust platform that not only streamlines our operations but also enhances our ability to manage risk and maximize profitability. We're seeing tangible benefits in terms of efficiency and accuracy, and we're excited about the future possibilities this collaboration opens up for us."

About Mortgage Machine™ Services, Inc.

Mortgage Machine™ is an industry leader in transforming residential mortgages using a range of digital solutions. Drawing on its extensive industry knowledge and advanced technology infrastructure, the company has been innovating in financial markets since 2007. Today, its flagship LOS product utilizes intelligent automation, configurable business workflows and a cloud-based infrastructure to optimize the entire loan lifecycle. By consolidating retail, wholesale, correspondent and home equity lending onto a single platform, Mortgage Machine™ enables lenders of all sizes to reduce cycle times, costs and risks while improving data quality and borrower satisfaction. Visit http://www.mmachine.net/ to learn more.

About Vice Capital Markets

Since 2001, Vice Capital Markets has expertly navigated interest rate risk and driven profitability on over $1 trillion in MBS trades and mortgage-related transactions for a diverse range of financial institutions. Utilizing proprietary risk-management models and an advanced investor and agency platform, Vice Capital has enabled clients to enhance their secondary market strategies and achieve optimal sales gains. With traders averaging over a decade of experience, Vice Capital brings the expertise necessary to tackle market challenges and consistently deliver secure and effective profit growth for its clients. For further information, visit www.vicecapitalmarkets.com or call (248) 869-8100.

Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, announced today it has completed its integration with Mortgage Machine™, an out-of-the-box, all-in-one loan origination system (LOS) designed to accelerate lenders' operational velocity and support an end-to-end digital origination process.

Related link: https://www.vicecapitalmarkets.com/

Vice Capital Markets Launches Integration with Fannie Mae Mission Score API

NOVI, Mich. /ScoopCloud/ -- Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, announced today it has integrated the Fannie Mae® Mission Score application programming interface (API) into its trading portal, allowing current clients to take advantage of pricing and best execution decisions to improve gain-on-sale.

"By utilizing current integrations with Fannie Mae and making minimal updates to current procedures, our development team was able to deliver our clients instant access to FNMA's Mission Index API," said Vice Capital Chief Information Officer Shawn Ansley. "The API integration gives our clients the peace of mind that the Mission Index value we are using to evaluate best execution on their loans is 100% accurate and incorporates all the required data components to accurately score each individual loan."

"The Mission Score API and Mission Score product grids are Fannie Mae's latest solutions intended to support affordable homeownership opportunities and promote mission-based financing to qualified borrowers," said Pete Skarnulis, Single-Family Business Account Management Solutions - Vice President at Fannie Mae. "Through close partnership and collaboration with our industry partners, we're able to introduce innovative solutions to the market at scale, helping to promote positive change across the mortgage industry."

About Vice Capital Markets

Since 2001, Vice Capital Markets has successfully managed interest rate risk and maximized profitability on more than $1 trillion in MBS trades and mortgage-related transactions for banks, credit unions and mortgage lenders of all sizes. With an average of more than 10 years' experience behind each of the traders on its team, Vice Capital has helped its clients realize, on average, a 25 to 55 basis point (bps) improvement over their best effort execution. Vice Capital's proprietary risk-management models and complex investor and agency best execution platform have consistently yielded safe and effective profit maximization for its clients.

To learn more, visit https://www.vicecapitalmarkets.com/ or call (248) 869-8100.

Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, announced today it has integrated the Fannie Mae® Mission Score application programming interface (API) into its trading portal, allowing current clients to take advantage of pricing and best execution decisions to improve gain-on-sale.

Related link: https://www.vicecapitalmarkets.com/

Vice Capital Markets Releases Integration with Freddie Mac Income Limits API

NOVI, Mich. /ScoopCloud/ -- Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, announced today it is one of the first Freddie Mac-integrated Secondary Market Advisors (SMAs) to release an integration with Freddie Mac's Income Limits application programming interface (API). The API grants Vice Capital customers easy access to area median income (AMI) information to quickly determine if a loan meets the AMI percentage eligibility criteria for certain Credit Fee Caps.

"Affordability is top of mind for all lenders these days, and our clients are no exception," said Vice Capital President Troy Baars. "With the new integration to Freddie Mac's Income Limits API, Vice Capital allows our shared clients balance the desire to provide home financing options for mortgage-ready low to-moderate income borrowers while still meeting their secondary execution goals."

In late 2022, Freddie Mac announced targeted pricing changes, including eliminating upfront credit fees for certain borrowers and affordable mortgage products with specific limits on the borrower's income as a percentage of AMI. Integration with the Income Limits API empowers Vice Capital's clients to send income information and the property address to easily assess whether the borrower may qualify for the waiver of certain upfront credit fees. The API identifies loan criteria for the following conditions: High-Cost Area, 120% AMI, High Needs Rural Region Indicator and Rural Area Indicator.

Additionally, the API allows clients to access the area median income limit percentage for loans not currently locked in the pipeline by entering the state and zip code. Lenders can then use this information, along with Exhibit 19 Credit Fees and Exhibit 19A Eligibility Criteria for Credit Fee Caps, to determine if the loan may be eligible for a Freddie Mac Credit Fee Cap.

Income Limits is one of several integrated Freddie Mac APIs that Vice Capital leverages to help its clients extract maximum value from their relationship with Freddie Mac. Other integrated Freddie Mac APIs include Cash Purchase Settlement Statement and Cash-Released Xchange®.

"As an advisor to numerous Freddie Mac Seller/Servicers, these APIs make it tremendously easier for organizations like ours to access pricing and execute cash and guarantor commitments on behalf of our clients," Baars added. "Our long-standing SMA relationship with Freddie Mac is a point of pride for us, and we look forward to continuing to work alongside Freddie Mac to find new and innovative ways to meet our shared clients' individual secondary and capital markets needs."

About Vice Capital Markets:

Since 2001, Vice Capital Markets has successfully managed interest rate risk and maximized profitability on MBS trades and mortgage-related transactions for banks, credit unions and mortgage lenders of all sizes. With an average of more than 10 years' experience behind each of the traders on our team, Vice Capital has helped its clients realize, on average, a 25 to 55 bps improvement over their best effort execution, and Vice Capital's proprietary risk-management models and complex investor and agency best execution platform have consistently yielded safe and effective profit maximization for its clients. Learn more at https://www.vicecapitalmarkets.com/ or call (248) 869-8100.

Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, announced today it is one of the first Freddie Mac-integrated Secondary Market Advisors (SMAs) to release an integration with Freddie Mac's Income Limits application programming interface (API).

Related link: https://www.vicecapitalmarkets.com/

Vice Capital Markets Releases API for Freddie Mac Cash Purchase Statement

NOVI, Mich. /ScoopCloud/ -- Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, announced today that it is one of the first Freddie Mac-integrated Secondary Market Advisors (SMAs) to release an integration for Freddie Mac's Cash Settlement Purchase Statement application programming interface (API). The API simplifies the funding reconciliation process by providing direct access to cash purchase statement data for the loans sold to Freddie Mac, enabling lenders to quickly review and export purchase advice information.

"With the new Cash Settlement Purchase Statement API, Vice Capital provides our Freddie Mac-approved clients with streamlined access to cash purchase statement data, including funding details and loan-level credit fees," said Vice Capital President Troy Baars. "As a long-time integrated SMA, we deeply value our relationship with Freddie Mac and applaud them for continuously innovating to meet lenders' unique and varied secondary and capital markets needs."

Using the Cash Settlement Purchase Statement API, Vice Capital clients can access the full contract and loan level detail of each loan committed on a particular date directly through the Vice Capital client portal, leading to a faster and more accurate reconciliation process.

Founded in 2001, Vice Capital serves independent mortgage lenders and financial institutions of all sizes, with monthly mortgage production volumes ranging from $10 million to $5 billion a month. Last year, the company set a new internal trade volume record, trading more than $202 billion on behalf of its full-service clients, and experienced a marked increase in its client base, including more than 50% growth in the credit union space. Today, one in every 15 mortgages originated in the United States are traded by Vice Capital or hedged using its proprietary software.

About Vice Capital Markets:

Since 2001, Vice Capital Markets has successfully managed interest rate risk and maximized profitability on MBS trades and mortgage-related transactions for banks, credit unions and mortgage lenders of all sizes. With an average of more than 10 years' experience behind each of the traders on our team, Vice Capital has helped its clients realize, on average, a 25 to 55 bps improvement over their best effort execution, and Vice Capital's proprietary risk-management models and complex investor and agency best execution platform have consistently yielded safe and effective profit maximization for its clients.

Learn more at https://www.vicecapitalmarkets.com/ or call (248) 869-8100.

Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, announced today that it is one of the first Freddie Mac-integrated Secondary Market Advisors (SMAs) to release an integration for Freddie Mac's Cash Settlement Purchase Statement application programming interface (API).

Related link: https://www.vicecapitalmarkets.com/

Mortgage Hedge Advisory Firm Vice Capital Markets promotes Shawn Ansley to CIO

NOVI, Mich. /ScoopCloud/ -- Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, announced today that it has promoted Shawn Ansley to chief information officer (CIO). As CIO, Ansley will be tasked with the continued development of information technologies and deepening integrations with the agencies and major loan origination systems and leading the development of new tools to enhance the client experience.

"Since joining our firm, Shawn has relentlessly driven Vice Capital to continually evolve and stay current with the ever-changing market and execution environments. This promotion is really more of a formal acknowledgement of the overreaching leadership and guidance that he had already been demonstrating for the last several years," said Vice Capital founder and principal Chris Bennett.

Having joined Vice Capital in 2005 after receiving his master's degree in Mathematics, Ansley worked his way up the Vice Capital ranks, most recently serving as managing director. He runs the quantitative analytics that underpin the firm's hedge advisory services and is credited with revolutionizing Vice Capital's pull though modeling for more accurate pipeline management.

Ansley is also responsible for automating many of Vice Capital's day-to-day processes to improve operational efficiency and eliminate opportunities for human error, including overseeing several LOS integrations to allow information to flow back-and-forth between Vice Capital and clients seamlessly. Ansley also developed proprietary APIs with both Fannie Mae and Freddie Mac to facilitate direct data pricing pulls and loan commitments with the GSEs, thereby dramatically speeding up this critical process.

"Having had the privilege of working with Chris, Troy and the Vice Capital team for more than 15 years, this promotion is truly an honor," Ansley said. "I look forward to spearheading the next phase of our software development initiatives, which will help drive an even better client experience while also dramatically enhancing the value, advice and service Vice Capital delivers to the market."

Founded in 2001, Vice Capital serves independent mortgage lenders and financial institutions of all sizes, with monthly mortgage production volumes ranging from $10 million to $5 billion a month. Last year, the company set a new internal trade volume record, trading more than $202 billion on behalf of its full service clients, and experienced a marked increase in its client base, including more than 50% growth in the credit union space. Today, one in every 15 mortgages originated in the United States are traded by Vice Capital or hedged using its proprietary software.

About Vice Capital Markets

Since 2001, Vice Capital Markets has successfully managed interest rate risk and maximized profitability on MBS trades and mortgage-related transactions for banks, credit unions and mortgage lenders of all sizes. With an average of more than 10 years' experience behind each of the traders on our team, Vice Capital has helped its clients realize, on average, a 25 to 55 bps improvement over their best effort execution, and Vice Capital's proprietary risk-management models and complex investor and agency best execution platform have consistently yielded safe and effective profit maximization for its clients. Learn more at https://www.vicecapitalmarkets.com/ or call (248) 869-8100.

Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, announced today that it has promoted Shawn Ansley to chief information officer (CIO). As CIO, Ansley will be tasked with the continued development of information technologies and deepening integrations with the agencies and major loan origination systems.

Related link: https://www.vicecapitalmarkets.com/

Vice Capital Markets breaks internal trading volume record in 2021, helps clients achieve peak profitability

NOVI, Mich. /ScoopCloud/ -- Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, announced today that the company set a new internal trade volume record last year, trading more than $202 billion on behalf of its full service clients. Using an advantageous mix of delivery and execution, the company was able to help its clients capitalize profitably on each trade.

"The past two years have been both chaotic and profitable for the mortgage industry, and Vice Capital Markets has worked hard to ensure our clients felt as little chaos in their hedging pipelines as possible," said Vice Capital Markets President Troy Baars. "That approach certainly paid off in 2021 thanks to the trust we have built with our clients over the years, but we would not have reached this internal trading record if our clients had not had such a stellar year in terms of volume, making this as much their achievement as it is ours."

In addition to the increase in annual trade volume, Vice Capital Markets also experienced a marked increase in its client base, including more than 50% growth in the credit union space in 2021.

"Vice Capital Markets has always placed a premium on serving all types of mortgage lenders and building communicative and collaborative relationships with our clients, a practice that continued last year," said Chris Bennett, Principal at Vice Capital Markets. "Our clients range in monthly production from $10 million to $5 billion a month, yet every client receives the same personalized care and attention to detail, allowing us to better meet their needs."

About Vice Capital Markets

Since 2001, Vice Capital Markets has successfully managed interest rate risk and maximized profitability on MBS trades and mortgage-related transactions for banks, credit unions and mortgage lenders of all sizes. With an average of more than 10 years' experience behind each of the traders on our team, Vice Capital has helped its clients realize, on average, a 25 to 55 bps improvement over their best effort execution, and Vice Capital's proprietary risk-management models and complex investor and agency best execution platform have consistently yielded safe and effective profit maximization for its clients.

Learn more at https://www.vicecapitalmarkets.com/ or call (248) 869-8100.

Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, announced today that the company set a new internal trade volume record last year, trading more than $202 billion on behalf of its full service clients. Using an advantageous mix of delivery and execution, the company was able to help its clients capitalize profitably on each trade.

Related link: https://www.vicecapitalmarkets.com/

Vice Capital Markets’ Danny Enright honored as 2021 Rising Star by Mortgage Professional America

NOVI, Mich. /ScoopCloud/ -- Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, announced Senior Trader Danny Enright has been recognized by industry trade publication Mortgage Professional America (MPA) as one of its 2021 Rising Stars. In its inaugural year, the MPA Rising Stars award seeks to honor young professionals making a significant impact in the mortgage and housing industry.

Enright was recognized for his initiative in improving Vice Capital Markets processes and procedures around client communication. When the government-sponsored enterprises (GSEs) announced changes regarding second homes and non-owner-occupied properties last year, Enright created and implemented a direct communication channel with clients to assist them in navigating the required restrictions and limited allowable percentage of delivers. This helped Vice Capital's clients optimize their available loans eligible for sale and stay compliant with GSEs changes and requirements. In addition, Enright's efforts in evaluating and improving fallout assumptions have increased the performance and profitability of all Vice Capital clients despite the volatility of last year's market.

"Danny has grown professionally and personally by leaps and bounds in the past year. Not only did he complete his MBA, but his ability to speak directly and communicate effectively with all levels of the clients' senior management has made him a valuable asset," said Vice Capital Markets President Troy Baars. "It's rare to find someone that understands the technical side of hedging and can also communicate in a way anyone can understand, which speaks to a maturity and industry understanding well beyond his years of experience. We're extremely proud of him and look forward to seeing what he accomplishes in the coming year."

To view the full list of 2021 MPA Rising Stars visit: https://www.mpamag.com/

About Vice Capital Markets

Since 2001, Vice Capital Markets has successfully managed interest rate risk and maximized profitability on more than half a trillion of MBS trades and mortgage-related transactions for banks, credit unions and mortgage lenders of all sizes. With an average of more than 10 years' experience behind each of the traders on our team, Vice Capital has helped its clients realize, on average, a 25 to 55 bps improvement over their best effort execution, and Vice Capital's proprietary risk-management models and complex investor and agency best execution platform have consistently yielded safe and effective profit maximization for its clients. Learn more at https://www.vicecapitalmarkets.com/ or call (248) 869-8100.

About Mortgage Professional America

A publication of Key Media, Mortgage Professional America (MPA) delivers news, opinion and analysis to mortgage, real estate and finance industry professionals through its bi-monthly magazine and daily email newsletter. For more information, visit http://www.mpamag.com/.

Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, announced Senior Trader Danny Enright has been recognized by industry trade publication Mortgage Professional America (MPA) as one of its 2021 Rising Stars. In its inaugural year, the MPA Rising Stars award seeks to honor young professionals making a significant impact in the mortgage and housing industry.

Related link: https://www.vicecapitalmarkets.com/

Vice Capital Markets Commemorates 20 Years of Serving the Mortgage Industry’s Hedge Advisory and Secondary Execution Needs

NOVI, Mich. /ScoopCloud/ -- Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, announced the firm is celebrating its 20th corporate anniversary. Since opening its doors in August 2001, Vice Capital Markets has helped countless clients properly and effectively manage interest rate risk and maximize profitability.

Vice Capital Markets began humbly as a one-person office with Principal Chris Bennett offering a personalized approach to each and every client. As Vice Capital Markets has grown over the past two decades, Bennett's bespoke methodology has remained the same, becoming one of the trademarks of the firm.

"I would like to thank both our Vice Capital team, as well as our clients, because we never would have made it 20 years without their dedication and support," said Bennett. "Over the years, our commitment to providing personalized care and attention to our clients has afforded us the opportunity to create lifelong relationships, not just business partnerships. Those relationships have ultimately been the secret to our success these past 20 years and I hope the next 20 years as well."

Throughout its history, Vice Capital Markets has pioneered technology solutions for its clients and partners, while still maintaining its commitment to customized, in-depth personal expertise. Today, 6% of all mortgages originated in the U.S. are traded by Vice Capital Markets or hedged using its proprietary software.

"As Vice Capital Markets has grown and technology has evolved, we've been able to develop innovative solutions for our clients without sacrificing the personal touch," said Vice Capital Markets President Troy Baars. "Often times, lenders are forced to choose between technology and experience, but Vice Capital offers both. We're proud to say we've been able to innovate for our clients while always remaining available for consultation."

About Vice Capital Markets

Since 2001, Vice Capital Markets has successfully managed interest rate risk and maximized profitability on more than half a trillion of MBS trades and mortgage-related transactions for banks, credit unions and mortgage lenders of all sizes. With an average of more than 10 years' experience behind each of the traders on our team, Vice Capital has helped its clients realize, on average, a 25 to 55 bps improvement over their best effort execution, and Vice Capital's proprietary risk-management models and complex investor and agency best execution platform have consistently yielded safe and effective profit maximization for its clients.

Learn more at https://www.vicecapitalmarkets.com/ or call (248) 869-8100.

NOVI, Mich., Aug. 12, 2021 (SEND2PRESS NEWSWIRE) -- Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, announced the firm is celebrating its 20th corporate anniversary. Since opening its doors in August 2001, Vice Capital Markets has helped countless clients properly and effectively manage interest rate risk and maximize profitability.

Related link: https://www.vicecapitalmarkets.com/

Vice Capital Markets’ Shawn Ansley Honored As 2020 HousingWire Insider

NOVI, Mich. /ScoopCloud/ -- Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, announced today that its Managing Director Shawn Ansley has been named a 2020 HousingWire Insiders Award winner. In its fifth year, the HousingWire Insiders program recognizes individuals for vital and dynamic contributions to their companies.

According to HousingWire, this year's 50 winners are the "go-to" team members in their companies and represent a wide range of occupations within the housing industry, from lending and real estate to investments and fintech. The Insiders are the professionals their companies turn to with their most important or challenging projects, and their contributions and hard work lead to superior results.

"This year's Insiders represent the unsung heroes of their companies; the team that, behind the scenes, kept everything on track during unprecedented times," HousingWire Magazine Editor Kelsey Ramírez said. "This year, the need for the services of these 50 winners shown greater than ever, and they rose to the challenge."

Ansley was recognized for his efforts to improve Vice Capital's connectivity with key investors and major LOS platforms, in addition to the development of proprietary automation models - all of which has fueled Vice Capital's recent success. Over the last year, he has automated many of Vice Capital's day-to-day processes to improve operational efficiency and eliminate opportunities for human error. With the automated systems, enhanced connectivity and improved data access Ansley has established at Vice Capital, the firm was able to steer its clients through the market volatility triggered by COVID-19, collectively netting clients more than $8 million in a single day at the height of the chaos and enabling them to grow their pipelines amidst the uncertainty.

"Having joined our organization shortly after completing his Master's degree in mathematics, Shawn has been a valuable leader within Vice Capital for more than 15 years and is someone who sets examples for others to follow by always making himself available to his co-workers as a source of guidance and assistance," said Vice Capital Markets President Troy Baars. "Shawn's self-starter mentality has led him to tackle new endeavors with little supervision to improve processes for the entire firm. We are privileged to call him part of the Vice Capital family and proud to share his skills and successes with our clients and the industry as a whole."

For the full list of 2020 HousingWire Insiders, visit https://www.housingwire.com/articles/here-are-the-2020-hw-insiders/.

About HousingWire

HousingWire is the most influential source of news and information for the U.S. mortgage and housing markets. Built on a foundation of independent and original journalism, HousingWire reaches over 60,000 newsletter subscribers daily and over 1.0 million unique visitors each month. Our audience of mortgage, real estate and fintech professionals rely on us to Move Markets Forward. Visit https://www.housingwire.com/ or https://www.solutions.housingwire.com to learn more.

About Vice Capital Markets

Since 2001, Vice Capital Markets has successfully managed interest rate risk and maximized profitability on more than half a trillion of MBS trades and mortgage-related transactions for banks, credit unions and mortgage lenders of all sizes. With an average of more than 10 years' experience behind each of the traders on our team, Vice Capital has helped its clients realize, on average, a 25 to 55 bps improvement over their best effort execution, and Vice Capital's proprietary risk-management models and complex investor and agency best execution platform have consistently yielded safe and effective profit maximization for its clients.

Learn more at https://www.vicecapitalmarkets.com/ or call (248) 869-8100.

Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, announced today that its Managing Director Shawn Ansley has been named a 2020 HousingWire Insiders Award winner.

Related link: https://www.vicecapitalmarkets.com/

Vice Capital Markets Sets Internal Record for Monthly Trade Volume

NOVI, Mich. /ScoopCloud/ -- Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, announced today that the company has more than doubled its monthly trade volume over a 90-day period, setting several internal records. Trade volume totals reached during this period include $11.5 billion in March, $13.4 billion in April and $12.4 billion in May.

"Despite the market chaos brought on by the COVID-19 pandemic, our clients were able to make it through that period with flying colors and take advantage of low interest rates to grow their pipelines," said Vice Capital Markets President Troy Baars. "Since then, margins have increased across the board from their early-pandemic lows, and with the spread between best effort and mandatory execution leaning solidly in the latter's direction, Vice Capital has been able to help our clients capitalize on these favorable market conditions to their financial benefit."

In addition to the increase in monthly trade volume, Vice Capital Markets also experienced a 13% increase in its client base over April and May. Baars attributes the growth to Vice Capital's growing reputation for helping its clients successfully navigate the market challenges brought on by COVID-19, with Vice Capital collectively garnering more than $8 million for its clients in a single day during the early days of the pandemic.

"Communication and experience are two key elements to the lender-hedge advisor relationship, especially in periods of tremendous uncertainty and market volatility," said Baars. "Even during the most chaotic days of the pandemic, Vice Capital clients received at least daily, if not more frequent, updates and insights from our executive team, and with an average of 10-or-more years' experience behind each of our trade desks, our clients could rely on their day-to-day contact to provide real-time advice at a time when market conditions were changing by the second."

For more information on working with Vice Capital Markets, contact Scott Colclough at (248) 869-8100 or scolclough@vicecapitalmarkets.com.

About Vice Capital Markets

Since 2001, Vice Capital Markets has successfully managed interest rate risk and maximized profitability on more than half a trillion of MBS trades and mortgage-related transactions for banks, credit unions and mortgage lenders of all sizes. With an average of more than 10 years' experience behind each of the traders on our team, Vice Capital has helped its clients realize, on average, a 25 to 55 bps improvement over their best effort execution, and Vice Capital's proprietary risk-management models and complex investor and agency best execution platform have consistently yielded safe and effective profit maximization for its clients. Learn more at https://www.vicecapitalmarkets.com/ or call (248) 869-8100.

*LOGO link for media: https://www.Send2Press.com/300dpi/19-0822s2p-vice-capital-300dpi.jpg

Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, announced today that the company has more than doubled its monthly trade volume over a 90-day period, setting several internal records. Trade volume totals reached during this period include $11.5 billion in March, $13.4 billion in April and $12.4 billion in May.

Related link: https://www.vicecapitalmarkets.com/

Vice Capital Markets: Favorable Market Conditions Provide Impetus for Mortgage Lenders to Explore Custom Ginnie Mae Pools

NOVI, Mich. /ScoopCloud/ -- Vice Capital Markets President Troy Baars today urged lenders to explore custom Ginnie Mae pools as part of their overall execution strategy in light of recent increases in Ginnie Mae security volume, along with renewed investor interest in custom pools.

"Refinancing of existing mortgages has been driving an uptick in Ginnie Mae-insured securities, as investors now have cash to reinvest," said Baars. "Because specified pools offer prepay protection that exceeds current multi-issuer pools, investors are willing to pay more for these securities to help protect their premium pricing from rapid payoffs. As such, now is the perfect time for lenders to consider adding custom Ginnie Mae pool deliveries to diversify their overall hedging strategy and improve their bottom line."

Vice Capital Markets has been helping independent mortgage lenders, credit unions and banks to maximize their secondary market execution by structuring a variety of custom pools optimized to generate the highest possible net cash flow and servicing value. Using its extensive dealer relationships and active trade desk, Vice Capital Markets is able to identify pay-up trends and track all custom pay-ups to amplify hedging activities and deliver immediate cash value.

"What distinguished Vice Capital Markets from other hedging firms is the combination of personalized service and the level of experience behind our trade desks," Baars added. "Our clients know they can pick up the phone at any time during the business day to reach a Vice executive and discuss their hedging strategy. Additionally, our traders possess on average 10 years of experience, which provides our clients with peace of mind knowing their trade activities are being managed by a senior-level staff person."

To learn more about adding custom Ginnie Mae pools, contact Troy Baars at (248) 869-8100 or tbaars@vicecapitalmarkets.com.

About Vice Capital Markets:

Entering its 20th year in business, Vice Capital Markets offers complete hedge advisory, reporting and trading services to banks, credit unions and mortgage companies throughout the country. Trading more than $70 billion annually, Vice Capital's proprietary risk-management models and complex investor and agency best execution platform have consistently yielded safe and effective profit maximization for its clients. Learn more at https://www.vicecapitalmarkets.com/ or call (248) 869-8100.

Vice Capital Markets President Troy Baars today urged lenders to explore custom Ginnie Mae pools as part of their overall execution strategy in light of recent increases in Ginnie Mae security volume, along with renewed investor interest in custom pools.

Related link: https://www.vicecapitalmarkets.com/