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Treasury yields rebound slightly as investors await clarity on fiscal stimulus: 10yr UST down 26/32 to yield of 0.806% | UMBS 2.5% down 1/32 | UMBS 3.0% down 1/32 | UMBS 3.5% down 3+/32 | UMBS 4.0% down 4/32 | UMBS 4.5% down 6+/32 (all as of 9:17 am ET) More »

Vendor news: OpenClose completes integration with Vice Capital Markets

OpenClose has completed its integration with Vice Capital Markets resulting in advanced hedging automation. The integration takes loan-level lock data from OpenClose’s LenderAssist™ LOS and securely transmits it directly to Vice Capital’s hedging platform. This eliminates multiple manual steps and potential “break-points” in the overall process thus saving time, reducing errors, and increasing visibility that results in optimized position management.

This news originally appeared in Mortgage News Daily.

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