FIRE is a unique automated tool set, designed to quickly and efficiently allow both buyers and sellers to interact and exchange whole loans. The platform offers a wide array of reporting specific to the sale transactions, as well as the ability to model both internal execution against any outside buyers’ execution. You will be able to quickly offer your loan pools, analyze your bids, and execute the transactions directly on FIRE.
Because it is integrated with our proprietary hedging model, you will also simultaneously update the overall position, and allow us to adjust your hedge at the same time you are committing to your loan sale. This practically takes all the timing risk out of selling your loans, allowing your hedge to perform in the most effective and efficient manner. This efficiency creates revenue, that over time, can be a significant contributor to your bottom line.