MCT is a leader in the secondary market and mortgage industry space. Since 2001 we have grown from a mortgage pipeline hedging specialist into a fully-integrated provider of capital markets services and technology, constantly with a finger on the pulse on secondary market trends and news. Throughout these transformative years, we have accumulated a wealth of knowledge and are eager to share that all with you. From webinar recaps to weekly market updates, stay updated by browsing our extensive blog content collection.
We wanted to broach three newsworthy stories from 2023 that have not been addressed in the weekly commentary: changes to the Loan Level Price Adjustment (LLPA) matrix, Wells Fargo’s exit from the correspondent lending space, and the U.S. breaching its debt ceiling.
MCTlive! Mortgage Lock Volume Indices covers the period from January 1 through January 31, 2023, 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.
After six consecutive rate increases of 50 BPS or more, as expected, the Fed raised rates by 25 BPS today (Wednesday), lifting fed funds to a new target range of 4.5-4.75%. More importantly, the committee continued to promise “ongoing increases” in overnight borrowing costs as part of its ongoing and unresolved battle against inflation. By keeping the promise of future rate hikes, the Fed pushed back against investor expectations that it was ready to signal the end of the current tightening cycle.
Most people create resolutions of change for the new year. At MCT, we want to create the resolution to continuously be your trusted capital markets partner by providing opportunities for growth and prosperity
This whitepaper will review information on moving to mandatory loan sales through mortgage pipeline hedging, the strategy of hedging, the benefits of hedging, and how to determine if you are ready.
Whether you celebrate Hanukkah, Christmas, or nothing, it’s the time of year when the industry starts to slow down and we get to spend time with loved ones. We would like to thank you for being part of the MCT community and look forward to making the most out of the rest of 2022.
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! 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, 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.
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.
Updated: April 17, 2023 – As we push on further into Q2 of 2023, we are here to answer some questions we had regarding the current 2023 housing market that we had at the end of last year and keep you up to date on the current housing market.
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.
Menu: • Articles & Press Releases • Whitepapers & Webinars • Events & Conferences • Did You Know? MCT Star November 2022: Being Thankful Being thankful isn’t just about Thanksgiving and food. It’s about counting your blessings year-round and...
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.
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.
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 Webinar] Introducing BAMCO: New Co-Issue Marketplace](https://mct-trading.com/wp-content/uploads/2022/11/BAMCO-Webinar.jpg)
In this webinar, MCT’s Phil Rasori and Justin Grant will introduce BAMCO. BAMCO brings co-issue loan sale transactions directly into MCT’s whole loan trading platform, making the process of selling co-issue more convenient and transparent.
MCT announced that Jennifer Kennelly has been appointed as the new Senior Director of MCT’s quickly expanding Investor Services team. Jennifer will leverage her unique background to grow MCT’s Bid Auction Manager (BAM) MarketplaceTM, the nation’s first open mortgage loan exchange where buyers can bid regardless of approval status, and sellers receive automated live pricing from every buyer on the platform.
MCTlive! Mortgage Lock Volume Indices covers the period from October 1 through October 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.
Menu: • Articles & Press Releases • Whitepapers & Webinars • Events & Conferences • Did You Know? MCT Star October 2022: Spooky Season is Here And by spooky, we mean how are we already in Q4? MCT is gearing up to end the year on a high note with a push to...
In this article, we will discuss current market outlook. Even though the headlines say, “Everything is down, down, down,” we have some recommendations.
MCTlive! Mortgage Lock Volume Indices covers the period from September 1 through September 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.
Menu: • Articles & Press Releases • Whitepapers & Webinars • Events & Conferences • Did You Know? MCT Star September 2022: Eleven What significance does the number 11 have with MCT? No, it’s not related to Stranger Things (which has its own Eleven...
![QE to QT: Current Market Recommendations [MCT Industry Webinar]](https://mct-trading.com/wp-content/uploads/2022/09/QE-to-QT-play-sign.png)
Register for this industry webinar on Friday, September 23 at 10AM Pacific, as we analyze the current market and provide recommendations as the Fed continues its transition to quantitative tightening.
