Mortgages
Mortgage instruments are widely recognized for the role of financing they provide for home ownership in the United States. The mortgage market is comprised of various sub-classes which include collateralized mortgage obligations in addition to asset-backed structures. The popularity of mortgage securities has derived mainly in the US where USD5.5 trillion was the level of outstanding debt as of Q1 2005 according to Bond Market Association.
ICAP facilitates a significant portion of the mortgage interdealer market and provides access via a voice broker for most mortgage sub-classes inclusive of ARMs, Asset Backed, CMOs, Collateral-FNMA, Commercial Mortgages and Regional/Specifieds. Specifically for mortgage TBAs, ICAP offers electronic access via its BrokerTec platform and continues to develop its voice straight through trade processing solutions for most mortgage classes.
To find out more about how ICAP's services can help your business, contact:
E-trading – Americas: +1 201 209 7900