Weekly Technology Improvement Series:
Data “Writeback” in MCTlive!
Published 9/24/2021
Looking to conduct your “write backs” from the MCTlive! platform?
Our Commitment Tracker Tab confirms come in via API or are uploaded by investors.
All that information is organized and displayed on a loan level in the commitment tracker.
You can initiate, preview, and confirm data write back to your LOS.
We conduct error checking to catch things such as duplicate sends or missing data to prevent mistakes.
Differentiators MCTlive! has that others may not include: populating custom fields, doing custom calculation and doing write backs at the loan-level rather than the trade-level.
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
2021 HW Tech100 Mortgage Award Announces MCT as Leader in Innovation
MCT® was announced as a 2021 HousingWire Tech100 Mortgage Winner. The Tech100 Mortgage Award recognized the most innovative and impactful technology companies serving the mortgage industry and forever changing the home sales process.
HousingWire & MCT Webinar – MSR Strategies in 2021
As MSR pricing and volatility begin to normalize in 2021, many portfolio managers are revisiting their short-term and long-term servicing strategy. In this webinar, MCT’s Phil Laren, David Burruss and several mortgage lenders reviewed current MSR market trends and strategies to optimize your portfolio.
How to Choose a Mortgage Hedge Advisor
In this article, we’ll provide some questions that will help you in your decision to select the best hedge advisor to help your company succeed. We’ll also review some key differentiating characteristics and services found in a full-service hedge advisory firm that will put you ahead of the competition for the long term.
MCT Whitepaper: Strategies for Credit Unions to Add Value to Members
In this whitepaper, we will examine a credit union’s process flow to identify potential improvements in areas such as secondary marketing, technology, automation, and business processes. The strategies explored in this whitepaper amount to over 50 basis points of potential improvement to margins based on the experiences of Credit Unions who have put them to use.
Case Study: MSR Services Improves Profitability of Doorway Home Loans
In this case study, Mr. Danilowicz explains how MCT’s MSR team helped Doorway Home Loans successfully facilitated a $1 billion MSR Sale. He also describes how MCT was instrumental in providing critical guidance through the 2020 market uncertainty and volatility.
MCT Webinar – Moving to Mandatory Loan Sale Delivery
In this webinar, MCT will discuss how lenders are leveraging mandatory loan sale delivery to improve profitability and manage risk with pipeline hedging. MCT will also review operational changes needed to move from best efforts to mandatory loan sales. Complete the form to join us on Wednesday, March 10th at 10AM PT.
New Agency Delivery Limits: Analysis & Recommendations Webinar
On January 14, new limits on agency cash window deliveries were announced for implementation in 2022. Set at $1.5MM per agency, these limits would require lenders who anticipate exceeding these limits in a rolling previous four quarters to switch to MBS delivery. Complete the form to join us for a webinar discussing these changes on February 19th at 10AM PT.
MCTlive! Pool Optimizer – Rasori’s Relentless Releases Episode 6
In this episode, phil Rasori covers the MCTlive Pool Optimizer functionality. This technology enables the use of actual cash window execution for optimization on each individual loan.
Hindsight is 2020: How MCT Supported Lenders During Market Volatility
In this article, we reflect back on the period of COVID-19 market volatility from February to May of 2020 to demonstrate all the ways that MCT was the most proactive hedge advisory firm during the crisis, supporting clients and the mortgage industry as a whole during this time of hardship.
MCT Whitepaper: Tax & Cash Implications of Creating Excess Servicing
In this whitepaper, MCT teams up with CWDL to explain how excess is servicing is created. We will also discuss the cash and tax consequences of retaining the excess MSR. The focus of this whitepaper is to help small- to medium-sized originators take advantage of the unique opportunities that the excess of MSRs has presented.
