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
Phil Rasori Named Industry Titan by NMP
MCT COO Phil Rasori was named to National Mortgage Professional Magazine’s Industry Titans list for 2023. NMP recognizes the key players who have dedicated their expertise and years of experience to the mortgage business, and represent the industry with professionalism and pride.
Housing Market 2022 End of Year Summary
I’m sure there are plenty of us who would love to forget 2022, but let’s recap what happened in the bond and housing markets and put a bow on the year before we move to a hopefully more profitable 2023
MCTlive! Lock Volume Indices: December 2022 Data
MCTlive! Mortgage Lock Volume Indices covers the period from December 1 through December 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.
Justin Grant Named to NMP’s 2022 40 Under 40
Justin Grant, was recognized by National Mortgage Professional Magazine’s (NMP) for his industry accomplishments, landing him on the 2022 ‘Top 40 Most Influential Mortgage Professionals Under 40’ list.
Employee Spotlight: Decades of Dedication
Voted for Best Work Place year after year, MCT has a long-standing history of team members staying with the company for 10 or more years.
MCT’s Azad Rafat Named 2022 Tech Trendsetter by HousingWire Magazine
Azad Rafat, MCT’s Senior Director of MSR Services, has been selected as a 2022 HW Tech Trendsetter. Azad is credited with driving innovation in the housing market specifically with his work on MCTlive! 2.0, a new software update to the original MSRlive! MSR software trading platform and portfolio system.
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.
