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
View All Rasori’s Relentless Releases
MCTlive! First to Integrate with Freddie Mac’s Cash Settlement Purchase Statement API
MCT’s award-winning capital markets platform, MCTlive!, is now integrated with the Freddie Mac’s Whole Loan Purchase Advice Seller API. This API connection allows MCT Mark-to-Market and Hedge Accounting Reports to be updated with Freddie Mac purchase data instantly, instead of waiting to run reports through a Loan Origination System (LOS).
MCTlive! Client Profile Tab – Paul’s Tip of the Week
In Paul’s Tip of the Week, we look at the Client Profile tab in MCTlive!, which brings some basic information in an easily accessible spot within MCTlive!
MCT Client Webinar – Hedge Advisory Strategy for Current Rate Environment
In this webinar, MCT’s Kristen McCarthy, Andre Pollesel and Paul Yarbrough discuss hedge considerations in a volatile market, review current hedging best practices, and lock desk policy recommendations.
Mortgage Professionals of America Magazine Names Natalie Arshakian to List of Elite Women For 2022
Natalie Arshakian has been selected to Mortgage Professional America (MPA) magazine’s list of Elite Women in Mortgage for 2022. The annual awards, now in their sixth year, celebrate 67 successful women who are taking on gender inequality in leadership by continuously challenging societal expectations
MCTlive! Lock Volume Indices: July 2022 Data
MCTlive! Mortgage Lock Volume Indices covers the period from July 1 through July 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.
MCT & LendersOne Webinar – Strategies to Improve Profitability in the Current Market
This webinar provided a current market overview and include actionable insights and recommendations. Attendees received key lock desk, mortgage servicing rights (MSR) and trading recommendations, as well as how to leverage technology and automation for improving profitability and efficiency.
Strategies For Mitigating Risk in a Volatile Market
In this article, we will discuss strategies for mitigating risk in a volatile market. The type of volatility that has been experienced by mortgage bankers in 2022 due to a widening basis.
Mortgage Banker Magazine Names Curtis Richins on Legends of Lending List
Curtis Richins, President of MCT, has been selected to Mortgage Banker Magazine’s inaugural “Legends of Lending” list. The magazine’s inaugural class was compiled to highlight the most talented, ambitious, and legendary individuals who are achieving excellence and making a difference in the mortgage industry.
Features Overview: Fannie Mae Purchase Advice API – Rasori’s Relentless Releases
In MCT’s latest installment of Rasori’s Relentless Releases, Phil Rasori covers the new Fannie Mae purchase advice API. View the episode to get the scoop on these timely updates.
MCTlive! Lock Volume Indices: June 2022 Data
MCTlive! Mortgage Lock Volume Indices covers the period from June 1 through June 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.