MCT is a leader in the secondary market and mortgage industry space. Since 2001 we have grown from a mortgage pipeline hedging specialist into a fully-integrated provider of capital markets services and technology, constantly with a finger on the pulse on secondary market trends and news. Throughout these transformative years, we have accumulated a wealth of knowledge and are eager to share that all with you. From webinar recaps to weekly market updates, stay updated by browsing our extensive blog content collection.
In this webinar, MCT’s David Burruss and Azad Rafat are joined by Lender Price’s Paul Orlando and David Colwell to discuss MSR strategies and how the right MSR strategy can increase your bottom line.
Click to read the most recent MSR Market Update! – Finally, inflation data signals that the Fed’s anticipated rate reduction action is coming very soon, and probably during their meeting in September. Mortgage rates have already dropped by about 48 basis points since July 31, 2024, and 65 basis points lower since the end of Q2. The industry has already experienced some robust refinancing activity since July 2024 which could continue as the market awaits the Fed’s announcement. The real estate industry is anticipating robust mortgage/housing activity once the Fed’s announcement becomes a reality.
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.
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.
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 the video to hear what MCT’s Justin Grant, Senior Director, Head of Investor Services, has to say about MCT Marketplace.
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.
In this video, MCT’s Paul Yarbrough, Sr. Director, Head of Client Success Group and Jessica Visniskie, Sr. Capital Markets Technology Advisor, discuss how MCT’s Client Success Group goes above and beyond to create the most memorable and valuable experience possible for clients.
As we move through the second half of 2024, it feels like a great time to get back to basics and review fundamental concepts related to the secondary market.
![MSR 101: Reviewing MSR Principles, Advantages & Disadvantages, & Key Portfolio Valuation Drivers [MCT Industry Webinar]](https://mct-trading.com/wp-content/uploads/2024/07/MSR-101-Webinar.png)
In this webinar, MCT’s MSR experts, Bill Shirreffs, Azad Rafat, David Burruss, and Natalie Martinez will provide MSR insights, elaborate on their advantages and disadvantages, describe the difference between fair, market, and economic value, and give a current market update.
Click to read the most recent MSR Market Update! – Mortgage rates and other rate indices have managed to remain at relatively about the same level as they were at the closing in the month of May. Mortgage rates managed to end the month of June with a marginal increase of about three (3) basis points, while float income rates decreased by about eight (8) basis points during the same period. MSR portfolio holders should expect values to remain about the same level as they were at the end of May results. However, those levels could vary depending on portfolio vintages and other portfolio characteristics such as agency and GNMA mix. The downrate risk and its potential impact on MSR values continue to persist as we navigate through the balance of 2024.
In this post, we will provide an overview for implementing mandatory loan sale delivery and how mortgage bankers are able to improve profitability through this transition from best efforts.
Brian Gilpin, CFO and Head of Capital Markets at Embrace Home Loans, sits down to discuss his experience switching to MCT and the level of customer service. Watch the video to hear more!
In this video, Mr. Barnhill shows step by step how to utilize all the elements of the Base Rate Generator with a demo recording so you can really get a look inside this new technology. Watch the video to see what Mr. Barnhill says about the Base Rate Generator.
In this whitepaper, various hedging instruments will be explored, baseline inputs used in mortgage pipeline hedging will be examined, and recent industry advancements that have reshaped the hedging landscape will be discussed. Data integrity remains crucial to maximizing opportunities in hedging, and its importance will be emphasized throughout the discussion.
MCT recently announced the launch of new integrations with Fannie Mae’s Mission Score application programming interface (API) and Mission Score 2 and 3 product grids that provide better transparency and pricing for mortgages aligned with Fannie Mae’s mission objectives.
Read this blog to see why secondary market professionals continue to choose MCT for their MSR needs. Plus, view the interview with MCT’s Bill Shirreffs.
![Improve Margins and Price Competitiveness with the Fannie Mae Mission Score API [MCT Industry Webinar]](https://mct-trading.com/wp-content/uploads/2024/06/FNMA-MCT-Mission-Score-Webinar.jpg)
In this webinar featuring Fannie Mae’s Olga Gorodetsky alongside Phil Rasori and Paul Yarbrough of MCT, panelists discuss the goals, features, and benefits of this technology integration for mortgage originators and their borrowers.
We asked MCT’s Director of MSR Sales, David Burruss, to sit down and provide insight regarding MSR valuations as it pertains to the current market. In this video, Mr. Burruss discusses industry trends and answers the questions that the majority of clients are currently asking him. Watch the video to hear his summary and advice on MSR Valuations.
Click to read the most recent MSR Market Update! – Mortgage rates and some rate indices have experienced a slight retreat from their end of April highs, closing the month of May with robust gains over end of Q1, 2024 levels. Mortgage rates managed to end the month of May with a decrease of about thirteen (13) basis points, while float income rates decreased by about the same amount during the same period. MSR portfolio holders should expect a moderate value decline in the range of one to four (1-4) basis points from the end of April results. However, those decreases will vary depending on portfolio vintages and other portfolio characteristics such as agency and GNMA mix. The downrate risk and its potential impact on MSR values will persist as we navigate through the balance of 2024.
MCT Star June 2024 – Sweet or Bittersweet Summer?
As summer heats up and activity in the mortgage industry remains dynamic, it’s essential to stay informed about the latest market trends and predictions. In our upcoming housing market prediction update, we’ll delve into the current state of the market, examine key indicators, and provide insights on what to expect in the coming months. Have you read our Housing Market Predictions blog?
In this blog, MCT’s Justin Grant, Senior Director, Head of Investor Services explains how AOT automation is paving the way for a new era of efficiency and profitability in mortgage trading, especially with the help of MCT Marketplace. Read on to see how AOT can benefit investors and sellers alike.
![Preserve Margins and Improve Pricing with the Base Rate Generator [MCT Industry Webinar]](https://mct-trading.com/wp-content/uploads/2024/05/Base-Rate-Generator-Webinar-Recording.jpg)
View the webinar recording featuring MCT’s Phil Rasori, Chris Anderson, Rob Barnhill and Luke Chang on the latest developments in front-end pricing and back-end capital markets execution. The landscape and granularity of investor pricing has changed, and lenders should keep up in order to preserve and optimize their margins.
Click to watch this video and see what David Burruss has to advise on bulk MSR sales. – In this video, Mr. Burruss discusses industry trends and answers the questions that the majority of clients are currently asking him. Watch the video to hear his summary and advice on the current market.
