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
Loan-Level Hedge Costs Reporting Suite | Rasori’s Relentless Releases Ep. 2
These new reports improve the allocation of hedge costs at either the loan or lock level, enabling more granular profitability measurement.
Pull-Through Model Enhancements for Agency Refi Fees | Rasori’s Relentless Releases Ep. 1
Phil discusses the delay of the Adverse Market Refinances Fees and how new functionality in MCTlive! can be used to manage the changes.
Uncertainty Due to Short-Notice FHFA Directive Amplifies Harm to Borrowers
MCT analyzed the potential effect of Wednesday’s fifty basis points worsening in prices paid by Fannie Mae and Freddie Mac for most mortgage refinances.
Pipeline Pull-through Rate Analysis Explained
In this article, we’ll explain the key concepts related to pull-through rate analysis and discuss its importance in deriving an accurate hedge recommendation.
MCT Client Webinar: MCTlive! User Workshop Level 1
This MCT client-exclusive webinar is based on the MCTlive! Level 1 User Guide and will provide a comprehensive overview of features and reports in the platform. The webinar will also analyze how to improve loan sale profitability and reduce leakage using MCTlive!.
MCT Industry Webinar: Advanced Hedging Strategies
View the webinar recording and slidedeck from this webinar on July 16th at 11AM PT to learn why advanced hedging strategies lenders to achieve greater profitability.
MCT Industry Webinar – Power of Bid Tape AOT ft. Wells Fargo
In this webinar from July 7th at 11AM PT, MCT’s Phil Rasori teamed up with Wells Fargo’s SVP of Correspondent Pricing, Greg Vacura, to discuss recent AOT enhancements.
MCT Industry Webinar – Deciphering GNMA Approval & Delivery
View the webinar recording and slidedeck from this webinar on June 25 at 11AM PT, where MCT experts discuss the processes for Ginnie Mae approval and delivery.
MCT Whitepapers: Ginnie Mae Field Guide Part 1 & 2
With “Ginnie Field Guides – Parts 1 and 2,” we hope to alleviate some of the nervousness surrounding this unique delivery method and to jump-start your confidence on the subject matter. In these “cliff notes” of the Ginnie Manual, helpful hints are provided by an MCT expert that has had first-hand experience with the nuances of delivering with Ginnie Mae.
MCT Industry Webinar – MSR Management through Market Disruption
In this webinar from May 28th at 11AM PT, MCT’s Phil Laren and Bill Berliner discussed current MSR market conditions, cash management and forbearance strategies.
