DALLAS, TX, May 18, 2026 (EZ Newswire) -- Texas Capital today announced the launch of MAP™, the Texas Capital Mortgage Asset Platform powered by Black Lake Digital Markets. MAP is an end-to-end platform purpose-built for financing, hedging, pricing, trading and transferring mortgage assets, across agency loans, non-QM loans and mortgage servicing rights (MSRs). Operated by Texas Capital and powered by Black Lake's proprietary Dealer-in-a-Box™ technology, MAP brings institutional-grade trading infrastructure and integrated warehouse connectivity to a market that has long been defined by manual workflows and fragmented systems.
Mortgage asset trading remains one of the largest and least standardized segments of U.S. fixed income. Whole loans, pools and MSRs still trade based on spreadsheets and disconnected vendor stacks, creating execution risk for sellers and information asymmetry for buyers. MAP fills that void with a single environment that consolidates the full asset lifecycle.
MAP delivers a unified workflow for institutional participants trading agency loans and other residential mortgage assets such as non-QM, second liens, HELOCs, scratch and dent, home equity participations and reverse mortgage assets, as well as MSRs. Qualified counterparties deliver loan tapes, price competitively, commit to trades and receive auto-generated proposed purchase parameters through a central order book. Post-trade, MAP employs Black Lake's Hyperdrive™ trading and execution technology, including integrated third-party diligence and data review, to ensure quality control, settlement and asset transfer. This delivers a clean, fully documented handoff with end-to-end audit trails.
For counterparties with warehouse financing, Texas Capital MAP integrates directly with Texas Capital's mortgage lending platform, allowing originators and aggregators to finance, hedge and resell mortgage assets through a single connected workflow. This integration collapses the traditional gap between warehouse funding and secondary market execution and reduces operational friction and streamlines the funding to sale life cycle.
“Our clients value competitive pricing, transparent execution and an efficient asset transfer process. MAP brings these capabilities to residential mortgage assets in one place,” said Daniel Hoverman, Texas Capital’s Head of Corporate & Investment Banking and President of Texas Capital Securities. “Our platform reflects the digital evolution of how modern mortgage asset capital markets should operate and evolve to meet our clients’ transaction needs.”
“By pairing Texas Capital's mortgage finance offerings and execution capabilities along with Black Lake's technology, we are bringing industry-leading infrastructure to buying and selling mortgage assets,” said Al Qureshi, CEO and co-founder of Black Lake Digital Markets.