Fintech Agile Hires Former Wells Fargo Exec As President

Fintech Agile Hires Former Wells Fargo Exec As President

ByTMN Editor Reading Time: 1 minute

Greg Vacura is joining fintech Agile as president, the company announced in a press release. Agile, a tech company operating in the mortgage-backed securities market, hired Vacura to lead the company as it works to increase liquidity and automation in TBAs, MBS pools, and AOTs. Agile eliminates the need for inefficient phone and email processes…

Interest Rates Unchanged; Fed Vows To Buy More MBS

Interest Rates Unchanged; Fed Vows To Buy More MBS

ByTMN Editor Reading Time: 1 minute

The Federal Reserve on Wednesday kept interest rates effectively at 0 percent and vowed to increase holdings in Treasury securities and mortgage-backed securities to support the economy during the coronavirus pandemic. In a statement following its meeting, the Fed said it “is committed to using its full range of tools to support the U.S. economy…

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