Weekly Technology Improvement Series:

Bid Tape Mapping for Non-Platform Tapes

Published 9/17/2021

We aren’t naïve. Sellers use other services than ours, such as Resitrader, to sell loans.

With our easy and robust tape mapping tool that includes eligibility breakdown, we map and normalize tapes for you.

Pull rules that make a loan ineligible for a particular pricing institution. It is a quick and easy way to see eligibility that lets you get as granular as you like.

We also provide a pricing breakdown, which tells you exactly what you need to pay for a loan.

Autobid generates pricing once you hit a button, but you don’t actually need to hit a button.

You can employ Autoprice, which also has controls surrounding tape size, etc.

Price every loan without extra work, providing you with a massive time savings.

Have confidence in the ability to turn tapes without a secondary employee watching it all day.

In an effort to inform you of these real time enhancements this series will review the latest MCTlive! innovations and functionality updates. Join our newsletter to be updated on new releases.

This series focuses on technology updates to MCTlive!, MCT’s award-winning loan pipeline management software.

MCTlive! Features include:

100% Cloud-Hosted, Web-Based, Real-Time Functionality
Multidimensional Pull-Through Analytics
MCT Marketplace loan trading exchange
Electronic TBA Trading
Rapid Commit for Agency Delivery

Learn About MCTlive!

View All Rasori’s Relentless Releases

MCTlive! Lock Volume Indices: November 2022 Data

MCTlive! Mortgage Lock Volume Indices covers the period from November 1 through November 30, 2022, and represents a broad and balanced cross section of several hundred lenders of various sizes and business models in the mortgage industry across retail, correspondent, wholesale, and consumer direct channels.

San Diego Business Journal Names Natalie Martinez Finalist for 2022 Business Women of the Year

Natalie Martinez, Manager of the MSR Services Department & Client Success, was selected as one of the finalists for San Diego Business Journal’s 2022 Business Women of the Year.

MCT & Mr. Cooper Whitepaper: Getting Started with Co-Issue Transactions

In this whitepaper, we’ll review the basics of co-issue transactions, how to get started and how to easily incorporate this strategy in your plan to achieve your business objectives.

MCT Launches BAMCO: Co-issue Loan Sale Marketplace for Shadow Pricing and Unique Executions

MCT announced the release of BAMCO, a new marketplace for co-issue loan sales. Co-issue loan sales, also known as flow-based mortgage servicing rights (MSR) sales, are a three-way transaction involving the sale of loans to one of the agencies with a simultaneous sale of the MSRs to a separate third party. BAMCO brings co-issue transactions directly into MCT’s whole loan trading platform and improves price transparency by connecting unapproved sellers to live executions from potential buyers.

[MCT Webinar] Introducing BAMCO: New Co-Issue Marketplace

In this webinar, MCT’s Phil Rasori and Justin Grant will introduce BAMCO. BAMCO brings co-issue loan sale transactions directly into MCT’s whole loan trading platform, making the process of selling co-issue more convenient and transparent.

MCT Expands Investor Services Team by Appointing Jennifer Kennelly as Senior Director

MCT announced that Jennifer Kennelly has been appointed as the new Senior Director of MCT’s quickly expanding Investor Services team. Jennifer will leverage her unique background to grow MCT’s Bid Auction Manager (BAM) MarketplaceTM, the nation’s first open mortgage loan exchange where buyers can bid regardless of approval status, and sellers receive automated live pricing from every buyer on the platform.

MCTlive! Lock Volume Indices: October 2022 Data

MCTlive! Mortgage Lock Volume Indices covers the period from October 1 through October 31, 2022, and represents a broad and balanced cross section of several hundred lenders of various sizes and business models in the mortgage industry across retail, correspondent, wholesale, and consumer direct channels.

Current Housing Market Trends

In this article, we will discuss current market outlook. Even though the headlines say, “Everything is down, down, down,” we have some recommendations.

San Diego Business Journal Again Names MCT as Best Places to Work 2022

MCT announced that it has been named Best Places to Work 2022 by the San Diego Business Journal (SDBJ). MCT was ranked number seven in the medium-sized company category (50 – 249 U.S. employees).

MCTlive! Lock Volume Indices: September 2022 Data

MCTlive! Mortgage Lock Volume Indices covers the period from September 1 through September 30, 2022, and represents a broad and balanced cross section of several hundred lenders of various sizes and business models in the mortgage industry across retail, correspondent, wholesale, and consumer direct channels.