MCT Star September 2024 – Security Spread Commitment Patent
As we look forward towards a hopeful uptick in activity within mortgage capital markets, our team continues to innovate to prepare for renewed momentum in the industry.
Notably, we celebrate the patent granted for the security spread commitment within the industry’s largest mortgage asset exchange, MCT Marketplace. The security spread commitment improves execution, liquidity, and approval times in the secondary market.
As we continue to enhance our offerings, we’re also committed to helping our clients optimize their operations. Join us for an upcoming webinar focused on the why and how of outsourcing, MCT’s Ben Itkin and Verity’s CEO, Sam Mehta will provide insights for operational efficiency including automation and outsourcing to reduce the impact of labor costs on profit margins.
Register for this upcoming webinar on September 5th at 11AM PT entitled Offshore Outsourcing, Is It Right for You?
Patented Technology Allows Mortgage Buyers to Transact with Any Seller on MCT Marketplace
MCT Marketplace’s Patented Security Spread Commitment boosts execution, liquidity, and approval times in the secondary market, transforming loan auctions with executable prices. Read More…
Scale Your Correspondent Market Share with MCT Marketplace
Watch the video to hear what MCT’s Justin Grant, Senior Director, Head of Investor Services, has to say about MCT Marketplace. Watch Now…
MCT Reports a 6% Mortgage Lock Volume Decrease in Latest Report
Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced today a decrease of 5.67% in mortgage lock volume compared to the previous month. Industry professionals and enthusiasts are invited to download the complete report for comprehensive insights into the market dynamics. Read More…
Enhanced Retain-Release Extension for Best Ex. Analysis
We asked Natalie Martinez, MCT’s Manager of the MSR Services Department & Client Success, to sit down and provide insight into MCT’s enhanced retain-release analysis tool, Enhanced Best Execution (EBX). Watch the video below to see what Ms. Martinez has to say about EBX. Watch Now…
MSR Market Monthly Update – August 2024
Click to read the most recent MSR Market Update! – The Fed’s recent announcement indicated no changes to the current Fed Funds rate, hence opening the possibility for a rate decline during their next meeting in September. It appears that the market has already built a 25 basis points decline in the mortgage offerings as we observe continuous easing in the 10 Year Treasury rate and the entire yield curve. As of July 31, 2024, the 30-year primary mortgage rate has retreated by 15 basis points while float income rates have declined by an average of about 45 basis points. Read More…
Whitepapers & Webinars
MSR 101: Reviewing MSR Principles, Advantages & Disadvantages, & Key Portfolio Valuation Drivers [MCT Industry Webinar]
Retaining mortgage servicing rights is considered a key milestone in the growth of every mortgage banker. Learn about valuing, retaining, and selling this crucial asset from our expert team. Watch Now…
MCT & Verity Webinar | Offshore Outsourcing, Is It Right for You?
In this webinar, MCT’s Ben Itkin is joined by Verity’s CEO, Sam Mehta, to discuss how mortgage lenders can successfully optimize margins while maintaining quality service and employee morale through strategic outsourcing, automation, and labor optimization. Register Now…
Upcoming Events & Conferences
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MCT has a Blog Post About How The 10-Year U.S. Treasury Note Impacts Mortgage Rates
It’s commonly assumed that mortgage rates are directly tied to the 10-year Treasury yield, however, this isn’t the case. So why do mortgage professionals monitor this note so closely? While the yield serves as an important benchmark for mortgage rates, rates aren’t based on the 10-year Treasury note.
In this blog post, we explain how mortgage rates respond to shifts in Treasury yields, why they tend to move together, and the broader influence of Treasury yields on bonds.
