Agile Enables Mortgage Industry’s First Fully-Automated AOT Transaction
Agile, a fintech bringing mortgage lenders and broker dealers on to a single electronic platform, has facilitated the execution of the mortgage industry’s first ever fully-automated Assignment of Trade (AOT) transaction. AOTs are an increasing popular industry practice that involves three counterparties – mortgage originator, mortgage investor, and broker dealer – transferring loan collateral and hedge positions to a mortgage investor.
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