In this video, Pike Creek Mortgage Services uses Atlas, MCT’s generative AI advisor, to execute the first-ever AI-driven trade on a live mortgage pipeline, live.
After Atlas pulled pipeline data, ran the scenarios, and surfaced three trades to bring coverage back to optimal, Pike Creek confirmed the actions on screen. The $3 million TBA went to a competitive auction across all dealers, while the two $500,000 trades routed to the dealers selected. Within seconds, every trade was filled and confirmed inside MCTlive!®
This moment closes the loop between AI recommendation and AI execution in mortgage capital markets. Where last year’s Hedge Recommendation Agent identified the optimal trade and placed it in the secondary marketer’s hands, the Trade Execution Agent now completes the action, operating inside the guardrails the client controls.
Topics Include:
- Atlas analyzing live pipeline data and calculating trades to bring coverage back to optimal
- The Trade Execution Agent routing competitive and non-competitive TBA auctions to dealers
- Client-controlled parameters keeping the automation accountable and auditable
“Last year, Atlas told us what trade to make. This year, it executed on those recommendations. Watching Atlas read our position, conduct electronic TBA auctions, and execute completely within the parameters we had set was something I did not expect to see this quickly.”
– Steve Pruitt, CFO, Pike Creek Mortgage Services
Learn more about this milestone and how Atlas AI is advancing secondary marketing with the Trade Execution Agent.
Want to learn more from MCT?
This whitepaper, Leveraging TBA Trading in Your Mortgage Loan Sale Process, outlines how lenders can improve TBA execution — moving from calling individual dealers and holding the line to send tapes to multiple dealers at once and taking the trade down immediately. It’s the foundational workflow Atlas’ Trade Execution Agent now automates within client-defined parameters.
