MCT’s development of industry-leading secondary marketing technology lands it on the list.
SAN DIEGO, Calif, March 30, 2017 – Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing technology firm, announced that it was designated a top 100 mortgage technology firm by HousingWire for the first time ever. The annual HW TECH100™ is designed to recognize the most innovative technology companies in the U.S. housing economy.
“The companies that make up the 2017 HW TECH100™ are the cream of the crop of the entire housing industry, from real estate to mortgage lending, servicing, and investment,” said HousingWire Senior Financial Reporter Ben Lane. “These companies aren’t just taking part in the housing industry’s technological revolution; they’re leading it.”
MCT has traditionally been known as a leading pipeline hedging advisory firm but over the years it has successfully transitioned into a company that offers both extensive risk management advisory services and leading secondary marketing technology. In 2014, MCT officially launched MCTlive!, an award-winning web-based secondary marketing platform that was built by secondary marketing people for secondary marketing people. MCTlive! has been instrumental in the company experiencing unprecedented growth over the last few years.
More than 100 lenders have gravitated toward leveraging MCTlive!, accelerating the company’s strategic transition into a technology-driven secondary marketing advisory firm. Entire secondary marketing departments have since come to rely on MCTlive! to efficiently manage their capital markets functions.
“We’re elated to be recognized by HousingWire as a top 100 mortgage technology firm,” said Curtis Richins, president of MCT. “We have developed a very unique business model that couples our extensive range of advisory services with robust capital markets technology. This combination has positioned us to continue capturing market share and to engage larger and larger lenders.”
HousingWire states that the mortgage industry is leveraging technology like never before, streamlining processes across the spectrum of lending, servicing, investing and real estate. The combination of regulatory pressure and consumer expectations have set a high standard for efficiency and transparency, requiring a significant investment of time, money and talent to hit the right notes for both.
“The companies in the 2017 HW TECH100 cover the entire mortgage finance spectrum. There’s hardly a corner of our industry that hasn’t been transformed in some way, either by fintech startups focusing on a specific software need or legacy companies evolving to compete in the new environment,” said HousingWire Magazine Editor Sarah Wheeler. “Now more than ever, these companies are delivering the innovation this industry needs to do its most important job: supporting the American Dream.”
Mortgage Capital Trading, Inc. (MCT) is a capital markets-focused risk management and advisory services company providing capital markets services and software to clients engaged in the secondary mortgage market. Founded in San Diego, California in May 2001, the company has expanded to include field sales and support offices in Philadelphia, Dallas, Santa Rosa, and Charlotte. MCT is a recognized leader in the industry and currently supports more than 150 clients on the HALO (Hedging And Loan sales Optimization) Program. The company also develops and supports MCTlive!™, an award-winning real-time, trading and best-execution secondary marketing platform. MCT’s LockCentral™ is the industry’s largest outsourced centralized lock desk service. In addition, MCT offers a suite of tools and supporting guidance for MSR needs. For more information, visit www.mct-trading.com or call (619) 543-5111.
HousingWire is the nation’s most influential industry news source covering the U.S. housing economy, spanning residential mortgage lending, servicing, investments, and real estate operations. The company’s news, commentary, magazine content, industry directories, and events give more than one million industry professionals each year the insight they need to make better, more informed business decisions. Winner of numerous awards, including a 2012 Eddie Award for national editorial excellence in the B2B Banking/Business/Finance category, HousingWire has been recognized for excellence in journalism by the Society of Business Editors and Writers, the American Society of Business Press Editors, the National Association of Real Estate Editors, and Trade Association Business Publications International. Learn more at www.housingwire.com.
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