Rasori’s Relentless Releases Episode 2:
Loan-Level Hedge Costs Reporting Suite
Published 09/08/2020
In MCT®’s second episode of Rasori’s Relentless Releases, Phil Rasori summarizes MCTlive’s® new loan level hedge cost reporting suite. Because of the relatively complex nature of this report, he will also be hosting a client exclusive webinar on 9/10, that will be focused entirely on this release.
Missed an episode? View past episodes here!
MCT® is continually optimizing our capital markets software to keep up with the current market space. In an effort to inform you of these real time enhancements this video will review the latest MCTlive! innovations and functionality updates for your benefit. View the episode then join our newsletter to be updated on new releases.
About the Video:
In Episode 2 of Rasori’s Relentless Releases, Phil Rasori demonstrates MCTlive’s new loan-level hedge cost reporting suite. These new reports improve the experience and granularity of allocating hedge costs at either the loan or lock level, ultimately enabling more accurate profitability reporting for clients. Equipped with these new reports, clients can dive deeper into profitability by branch, channel, and originator.
Topics Include:
- History of loan level hedge cost
- Decouple the hedge performance from the loan sale performance
- Demo into MCTlive of calculations employed in the analysis of hedge cost figures
Topics covered in this video will be expanded upon in an upcoming MCT University client-exclusive webinar. Want to stay updated? Join our newsletter to be notified of future releases.
Rasori’s Relentless Releases focuses on technology updates to MCTlive!, MCT’s award-winning loan pipeline management software.
Features include:
- 100% Cloud-Hosted, Web-Based, Real-Time Functionality
- Multidimensional Pull-Through Analytics
- Bid Auction Manager (BAM) Loan Trading Platform
- Electronic TBA Trading
- Rapid Commit for Agency Delivery
“Any lender who has transitioned from a best effort delivery model to an internally hedged secondary platform understands the accounting complexities that come with this conversion.”
Phil Rasori, COO, MCT
About the Host:
Phil Rasori, Chief Operating Officer, MCT
Mr. Rasori is a recognized thought-leader in capital markets operations within the mortgage banking community. His areas of expertise include complex financial modeling, computational dynamics, and linear programming for operational optimization. He developed the ground-breaking mortgage pipeline hedging algorithms that form the foundation of MCT’s HALO Program today. He has also pioneered several metrics that have become standard industry parlance, including “beta pull-through” factors. In addition to banking clients, Mr. Rasori has consulted with GSE agencies and the US Government on hedging best practices for community banks. Mr. Rasori has functionally led MCT operations since 2005 and ascended to his current role as COO in 2007.
Mr. Rasori is a graduate of University of California, San Diego, and holds a B.S. in Management Science.
