PollyEx, ALM First offer integrated mortgage pipeline hedging for banks and credit unions
DALLAS, TX (March 3, 2021) —
PollyEx, a mortgage software company focused on the capital markets and secondary users through its Pricing Engine and Loan Trading Exchange, has partnered with ALM First to offer integrated mortgage pipeline hedging directly through its pricing platform.
“Mortgage pipeline hedging has become an increasingly important tool in the current environment. Every basis point of profitability counts and hedging with ALM First can provide unique advantages,” said Mike Ensweiler, Principal of ALM First. “We’re pleased to partner with PollyEx to provide our services to more mortgage providers.”
PollyEx™ delivers efficient, customized pricing tools enabling Capital Markets and Secondary users to focus on driving revenue and efficiency. Key highlights of their Pricing Engine (PPE) include: dynamic margin management, the ability to generate and distribute rate sheets in under 10 mins, real-time pricing via Fannie Mae SMP, Freddie Mac CRX, PennyMac, testing & version Control and bi-directional pricing data from buy side execution to the point of sale.
“We’re excited about this new partnership, which will benefit our clients by integrating mortgage pipeline hedging,” said Adam Carmel, Founder and CEO of PollyEx. “We look forward to bringing our revolutionary solution to more mortgage providers, especially credit unions and other depositories, as we move forward.”
About ALM First
ALM First was founded in 1995 as a strategic partner for depositories, offering an array of financial advisory services. The firm’s expertise in asset liability management, investment management, balance sheet strategy, secondary market solutions, and specialty financial services, has allowed it to deliver deeper insights into financial institutions’ balance sheets, strengthening their performance and building efficiencies. With approximately $70 billion of investments under management (as of December 31, 2023), ALM First Financial Advisors is an SEC-registered investment advisor, acting as an unbiased third party, offering commission-free, fee-based services to over 300 financial institutions across the country.
In recent years, ALM First Group has expanded to include several wholly-owned subsidiaries including DDJ Myers, an ALM First Company and ALM First Executive Benefits, LLC. Driven by client needs, the firm now offers various services to help financial institutions optimize their greatest assets – their people.
