“This
API
is
a
game-changer
for
lenders
looking
to
optimize
their

secondary
execution,”

Shawn
Ansley,
chief
information
officer
at
Vice
Capital
Markets,
said
in
a
statement.
“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.”

Kunal
Vakil,
Fannie
Mae’s
vice
president
of
capital
markets
products,
said
that
the
API
“helps
to
facilitate
a
more
informed
best
execution
analysis.”

Since
2001,
Vice
Capital
Markets
has
navigated
interest
rate
risk
and
driven
profitability
on
more
than
$1
trillion
in

mortgage-backed
securities
trades
and
mortgage-related
transactions
for
many
financial
institutions.