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! Quarterly Release Notes in Q3 2024
Described below within relevant tabs, you’ll find a listing of our Q3 2024 technology developments. This update also includes technology release notes for MCT’s MSRlive! and Business Intelligence tools.
MCT Expands MSR Valuation Options with AD&Co Prepayment Model
MCT announced the integration of the LoanDynamics Model (LDM) from Andrew Davidson & Co. (AD&Co) into their mortgage servicing rights (MSR) valuation software.
MSR Market Monthly Update – October 2024
Join our newsletter to receive every MSR update! The Fed has finally cut the overnight rate by 50 basis points, a larger cut than what was anticipated. The mortgage market had already built in the...
MCT Reports 3% Increase in Mortgage Lock Volume, Refinance Activity Buoys Market
San Diego, CA – October 2, 2024 – Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced today a 3.17% increase in mortgage lock volume compared to the previous month. The report highlights key market dynamics, offering industry professionals valuable insights.
Case Study: Gateway Mortgage Group Improves Buyer Efficiency with MCT Marketplace
In this case study, Tom Bradley, Trader & Senior Correspondent Product & Pricing Analyst at Gateway Mortgage Group, LLC speaks to the benefits of time savings, targeting specific loan characteristics, reporting, and the ability to find new sellers as an investor on MCT Marketplace.
MCT & Lender Price Webinar | Strengthen Pricing & MSR Strategies
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.
MSR Market Monthly Update – September 2024
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.
MCT’s Chris Anderson Distinguished as a HousingWire 2024 Vanguard Award Recipient
MCT is proud to announce that its Chief Administrative Officer, Chris Anderson, has been selected as a recipient of HousingWire’s Vanguard Award for 2024.
MCT Reports a 3% Increase in Mortgage Lock Volume Backed by Increasing Refinance Activity
Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced today a 3.33% increase in mortgage lock volume compared to the previous month. Despite a larger increase in rate/term volume, total mortgage volume remains relatively flat.
MCT & Verity Webinar | Offshore Outsourcing, Is It Right for You?
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.
