MOJO™
Secondary Market Software Solution
MoJo™ takes Best Execution to the next level, considering all pooling possibilities to give you the maximum possible profits.
Identify the Best Possible Execution
- Maximize the benefit of specified pay-ups and minimize the price hit for high balance loans
- Consider all possible pooling combinations to yield the maximum overall value:
- Loans may change investors or pass-through coupons
- Loans may change spec pool stories
- Spec pools may be collapsed to allow more de-minimus pooling
Segment deliveries into flow servicing agreements while ensuring compliance with investor stipulations
- Apply weighted average constraints with a +/- tolerance on any variable in your data set
- Apply minimum/maximum limit constraints on any variable in your data set
Reduce Processing Time
- Replace manual processes that can take hours or days to complete with automation
- Export optimal pools to your delivery system
- Commit to pools, auto-create trades, and allocate loans to trades
Multi-Layer Application
MIAC can provide you with Secondary Market tools through its pipeline hedging solutions.
MarketShield®
Prices pools and formulates bids based on their actual executions. Detects data errors in Seller tapes and prevents over/under bidding. Manages Sellers and delivery fees under one framework.
BuySide Trader™
Prices pools and formulates bids based on their actual executions. Detects data errors in Seller tapes and prevent over/under bidding. Manages Sellers and delivery fees under one framework.
SellSide Trader™
Performs best execution between bid tapes, AOT/DT, cash/ratesheet, MBS execution when selling loans. FNMA and FHLMC Integration.
RateSheet Generator™
Produces pricing tied directly to your MBS, cash or mandatory executions. Generates data feeds for any product pricing engine or rate sheet template.