In this video, MCT’s Justin Grant, Senior Director, Head of Investor Services, discusses how to overcome what was historically a very high barrier to entry and how you can now broadcast your bid price across the entire seller base to be more efficient and run lean with a small sales team.
In this video, MCT’s Andrew Rhodes, Senior Director, Head of Trading, discusses spec duration within MCTlive!, why it is important to mortgage lenders, and how spec duration helps lenders hedge their position with various spec stories.
The Fed has decided not to cut the overnight rate in its recent FOMC meeting and has announced that it will pause further rate changes until the new administration presents its economic policies. Such measure was expected by the financial markets. The 10 Years Treasury rate has remained around its highest level in over a year at around 4.50% since the Fed’s December FOMC meeting.
Described below within relevant tabs, you’ll find a listing of our Q4 2024 technology developments. This update also includes technology release notes for MCT’s MSRlive! and Business Intelligence tools.
The Fed has announced another 25 basis points reduction in the overnight rate after their December FOMC meeting. The reduction was in line with what the financial markets were expecting. The surprise came when the Fed announced that they will only reduce rates twice during 2025 and not the anticipated four times as they have previously indicated.
