NOVI, Michigan, August 22, 2024 — 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.”
