Blog

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.

New MSR Technology Empowers MSR Buyers with Live Loan-Level Pricing

New MSR Technology Empowers MSR Buyers with Live Loan-Level Pricing

Mortgage Capital Trading (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, has announced today a new technology for mortgage servicing rights (MSR) buyers to produce more granular pricing for mortgage servicing. The feature leverages an application programming interface (API) to connect MSRlive!, MCT’s state-of-the-art MSR valuation platform to clients’ systems for more precise and accurate loan-level pricing in real time.

MCT⭐Star Newsletter: May 2022, Issue 14

MCT⭐Star Newsletter: May 2022, Issue 14

Menu: • Articles & Press Releases • Whitepapers & Webinars • Events & Conferences • Did You Know? MCT Star May 2022: April Showers, Bring May…Market Headwinds We’re five months into 2022 and already gearing up for summer. To kick things off,...

MCTlive! Lock Volume Indices: May 2022 Data

MCTlive! Lock Volume Indices: May 2022 Data

MCTlive! Mortgage Lock Volume Indices covers the period from May 1 through May 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.

MCTlive! Lock Volume Indices: April 2022 Data

MCTlive! Lock Volume Indices: April 2022 Data

MCTlive! Mortgage Lock Volume Indices covers the period from April 1 through April 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.

MCT Whitepaper: The Links Between MBS Markets and Loan Pricing

MCT Whitepaper: The Links Between MBS Markets and Loan Pricing

In this whitepaper, we will explore the relationship between consumer loan pricing and capital market conditions to address common misconceptions and illustrate the processes involved in generating consumer loan offerings and intermediate loan prices.

MCT⭐Star Newsletter: April 2022, Issue 13

MCT⭐Star Newsletter: April 2022, Issue 13

Menu: • Articles & Press Releases • Whitepapers & Webinars • Events & Conferences • Did You Know? MCT Star April 2022: It felt like yesterday… It felt like just two weeks ago we released the most recent issue of MCT⭐Star. In fact, it was two weeks...

MCT⭐Star Newsletter: March 2022, Issue 12

MCT⭐Star Newsletter: March 2022, Issue 12

Menu: • Articles & Press Releases • Whitepapers & Webinars • Events & Conferences • Did You Know? MCT Star March 2022: 20 Years of MCT, 10 Years of MCT Exchange, and 1 Year of MCT Star We are hitting a few milestones with this issue of the MCT Star! Not...

MCT Integrates with the Fannie Mae Connect Whole Loan Purchase Advice Seller API

MCT Integrates with the Fannie Mae Connect Whole Loan Purchase Advice Seller API

MCT’s award-winning capital markets platform, MCTlive!, is now integrated with the Fannie Mae Connect™ Whole Loan Purchase Advice Seller API. This API connection allows MCT Mark-to-Market and Hedge Accounting Reports to be updated with Fannie Mae purchase data instantly, instead of waiting to run reports through a Loan Origination System (LOS).

The MCT Review: Market Commentary Week of March 7

The MCT Review: Market Commentary Week of March 7

FNCL 3.0s opened the day at 101-03, hit a high of 101-12+ just prior to 12 noon, and then we drifted lower in the afternoon to close at 101-04. We saw some intraday reprices for the better in the late morning and then some in the other direction later in the afternoon. We are now about 6 ticks lower vs. the Friday close of 101-04 but do not expect much from TBA hedge flows today. March issuance is about ~2.0bln behind the pace of February when you compare the first four business day of March to those of February. The big drop occurred in February and I would now expect the attrition to be a few billion/month.

MCT⭐Star Newsletter: February 2022, Issue 11

MCT⭐Star Newsletter: February 2022, Issue 11

Today marks the first new moon of the year, and the start of the Year of the Tiger 🐅! Across the globe, people are celebrating the Lunar New Year, which is seen as the time of reunion and rebirth. Are you a Tiger? If you were born in one of the following years, then yes you are! Years of the Tiger include 2022, 2010, 1998, 1986, 1974, 1962, 1950, etc.

The MCT Review: Market Commentary Week of February 22

The MCT Review: Market Commentary Week of February 22

We’ve seen lighter supply thanks to the Russia/Ukraine headlines. The market has ultimately gained ground with FNCL 3.0s starting at 100-06+ and closing at 100-15. We did see some negative reprices, then the Russia/Ukraine headlines moved the bond market higher into lower yields and that brought better reprices. We currently have FNCL 3.0s at a lower closing level so don’t expect much.

MCT Whitepaper: Understanding and Preparing for Changes in the Mortgage Market

MCT Whitepaper: Understanding and Preparing for Changes in the Mortgage Market

The mortgage origination space is one of the most cyclical industries in the U.S. economy. Interest rates, origination volume, and profit margins are constantly shifting based on a variety of factors, and it takes an efficient and intelligent operation to stay on top of it all. Most lenders react, rather than act, to week by week or month by month changes in the environment. We advocate acting decisively and in a calculated fashion. This paper will outline a simplified model illustrating mortgage market stages and how lenders can set a foundation of resilience to changing markets.

The MCT Review: Market Commentary Week of February 7

The MCT Review: Market Commentary Week of February 7

MBS gave back gains from earlier in the week, better sellers and heavy supply pushed the basis down 3-5 ticks with weak demand throughout the session. Afternoon flows skewed towards fast money selling. FNCL 2.5 closed 4 ticks wider @ 99-21+, FNCL 3 also 4 wider @ 102-00+. G2/FN down on the day but fared better than conventional counterparts, 3.5s the only green swap on the stack up 2 ticks on better buying. 15yrs higher vs 30s by 2 ticks, bank flows have been light but steady.

MCT⭐Star Newsletter: January 2022, Issue 10

MCT⭐Star Newsletter: January 2022, Issue 10

2022 is officially here! A lot happened last year in the mortgage space. We saw housing prices skyrocket and inflation rise. This year, expectations are for the Federal Reserve to scale back their bond purchasing in 2022 and lift interest rates higher.