In 2011, JVB launched its Mortgage Group with a dedicated trading desk for “to-be-announced” (TBA) securities, aiming to provide liquidity and hedging solutions for middle market mortgage originators. Today, JVB continues to expand its offerings, helping mortgage professionals optimize pipeline execution and maximize portfolio profitability.
TBA Trading – JVB empowers clients with strategic hedging capabilities through access to the TBA trading market. Our focus is on mitigating interest rate risk while ensuring seamless mortgage pipeline management.
Agency MBS Trading – We enhance liquidity and trade execution by facilitating transactions outside of government-sponsored enterprises (GSEs) like Ginnie Mae, Freddie Mac, and Fannie Mae. JVB’s Mortgage Group includes three dedicated Agency MBS cash traders, specializing in both fixed-rate pools and adjustable-rate mortgage (ARM) trading.
Gestational Repo Financing – Our short-term repo product unlocks new capital market opportunities for mortgage originators. By offering financing alternatives beyond traditional bank warehouse lines, Gestational Repo increases pooling velocity for GNMA issuers, reduces funding costs, and strengthens cash flow positions—all while being backed by the full faith and credit of the U.S. Government.
Our clients leverage JVB’s expertise in capital markets to:
✔ Effectively hedge interest rate risk through the TBA GSE market
✔ Accelerate GSE pooling processes with Gestational Repo Financing
✔ Enhance trade execution for new production GSE pools
✔ Gain market insights through real-time pricing, trade conditions, and regulatory updates
JVB’s Mortgage Group is committed to helping mortgage originators navigate market complexities, optimize performance, and achieve long-term success in an ever-evolving financial landscape.
Head of the Mortgage Trading and Financing Group
Head of the Mortgage Trading and Financing Group
Head of the Mortgage Trading and Financing Group
Head of the Mortgage Trading and Financing Group