Mar 13, 2025, 4:08 PM
Mar 13, 2025, 4:08 PM

Vice Capital Markets integrates with Fannie Mae's new Loan Pricing API

Highlights
  • Vice Capital Markets has integrated Fannie Mae's Loan Pricing API into its trading portal.
  • The new API simplifies the loan pricing process by consolidating multiple data sources.
  • This integration positions Vice Capital Markets as a leader in providing enhanced loan pricing capabilities.
Story

On March 13, 2025, Vice Capital Markets, based in Novi, Michigan, announced its revolutionary integration with Fannie Mae's latest Loan Pricing application programming interface (API). This development represents a significant advancement for lenders focusing on mortgage loan pricing. Prior to this integration, lenders faced the cumbersome task of combining several APIs and conducting internal calculations for accurate loan pricing. The new API streamlines this process, providing immediate access to a comprehensive set of pricing options, including base prices and national loan-level pricing adjustments. Fannie Mae's Loan Pricing API aims to simplify the mortgage loan pricing process by consolidating various APIs into a singular framework. This enhancement enables lenders to access a wide array of pricing information directly from Fannie Mae with just one request. As stated by Kunal Vakil, Vice President at Fannie Mae, this API is designed to support lenders and technology service providers by providing them with the necessary data to perform thorough analyses for optimal loan pricing. Shawn Ansley, Chief Information Officer at Vice Capital Markets, emphasized the significance of this new API, describing it as a

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