How to Use the Base Rate Generator
We asked MCT’s Rob Barnhill, Interest Rate Risk Hedge Analyst at MCT, to explain how to use the Base Rate Generator. MCT has developed the Base Rate Generator through direct collaboration with clients to open up a new era of efficiency and control.
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 below to see what Mr. Barnhill says about the Base Rate Generator.
Topics Include:
- What does the Base Rate Generator calculate?
- How is Agile incorporated into the Base Rate Generator?
- How does the model really work and what are some of the features?
“MCT has the unique advantage with the relationship with Agile, utilizing over 275 clients’ real time market data across over 20 broker dealers. Our unique relationship with Agile allows clients to request an indication from these dealers and use that pricing up front for your MBS or Ginnie pooling execution.”
– Robert Barnhill, Interest Rate Risk Hedge Analyst, MCT
Want to hear more about the Base Rate Generator? Originators interested in learning more about the industry-first features included in Base Rate Generator should view the recording and slide deck from the Base Rate Generator webinar which occurred on June 4th. Watch MCT’s Phil Rasori, Chris Anderson, Rob Barnhill, and Luke Chang provide an in-depth look into the Base Rate Generator.
Base Rate Generator Key Features
We asked MCT’s Luke Chang, Director, Product and Pricing Division, to sit down and provide insight regarding the Base Rate Generator and how it applies to capital markets professionals. MCT has developed the Base Rate Generator through direct collaboration with clients to open up a new era of efficiency and control.
In this video, Mr. Chang explains the Base Rate Generator and some key features within the tool, including specs being passed through the aggregator rate sheet, the best ex process, and advanced granularity benefits.
Watch the video below to see what Mr. Chang says about the Base Rate Generator.
Topics Include:
- What is the Base Rate Generator?
- How does the Base Rate Generator assist with specs being passed through on the aggregator rate sheet?
- How does the Base Rate Generator create a better best ex process?
- What are the granularity benefits of using the Base Rate Generator?
“We are seeing in our client customer base that the spec products that are currently being offered on the aggregator pricing is causing a complexity in their rate sheet. This spec tool really gives you that control into your rate sheet generation to put a haircut in that spec to produce a more even pricing to your originators.”
– Luke Chang, Director, Product and Pricing Division, MCT
Want to hear more about the Base Rate Generator? Originators interested in learning more about the industry-first features included in Base Rate Generator should register for the upcoming Base Rate Generator webinar. Join MCT’s Phil Rasori, Chris Anderson, Rob Barnhill, and Luke Chang for this in-depth webinar scheduled for Tuesday, June 4th at 11AM PT.
Base Rates & Custom Rate Sheets – Why Now?
We asked MCT’s Chris Anderson, CAO & Head of Pricing Services, to sit down and provide insight regarding the Base Rate Generator at MCT and how it applies to capital markets professionals. MCT has developed the Base Rate Generator through direct collaboration with clients to open up a new era of efficiency and control.
In this video, Anderson explains the importance of the Base Rate Generator and how this solution combines live agency API connections, co-issue executions, aggregator pricing, and more benefits for originators.
Watch the video below to see what Mr. Anderson has to say about the Base Rate Generator.
Topics Include:
- Why is MCT emphasizing the Base Rate Generator?
- How will a custom rate sheet support your lock desk?
- Who should use a custom rate sheet?
“If you’re forming your front end price with the ultimate back end best execution that you’re going to be delivering to on a short term mandatory basis, and you’re eliminating any of this volatility that might be occurring in the best effort rat sheet, anything that get’s locked into that hedge is going to perform just like a hedged loan should.” – Chris Anderson, MCT CAO
Want to hear more about the Base Rate Generator? Originators interested in learning more about the industry-first features included in Base Rate Generator should register for the upcoming Base Rate Generator webinar. This webinar has passed and was led by MCT’s Phil Rasori, Chris Anderson, Rob Barnhill, and Luke Chang.
Want to learn more from MCT?
In this latest MCT whitepaper, MCT’s Managing Director, Head of Sales, Ben Itkin, explains the intricate world of mortgage pipeline hedging’s key topics of duration, convexity, and the interplay between various market dynamics.
Download Whitepaper
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