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.
In this webinar recording, MCT’s Phil Rasori, Justin Grant, and Andrew Rhodes will compare 2013 to 2022 in terms of the deteriorating market, market liquidity in specific coupons, loan sale execution liquidity, and investor pricing performance. They also share actionable recommendations to protect your business and pipeline.
In this case study, MCT sits down with John Collins to hear how the Rapid Commit integration has added efficiency to their loan selling process. Rapid Commit has also reduced the element of human error in putting together the commitments, saving them time, money, and headaches.
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...
The unique interface between the MCTlive! Pool Optimizer and the Agile MBS pool bidding tool. Similarities and differences that exist between agency cash window commitment optimization and pooling optimizations
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).
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.
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.
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.
In Paul’s Tip of the Week, we look at how through custom eligibility and ready for sale identification a user can streamline their best ex in MCTlive!
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.
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.
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.
In this article, we will discuss top-level margin management strategies including 6 business intelligence inputs that are helpful for making educated margin management decisions.
Are We in for a Housing Market Correction? The start of 2022 has seen market corrections in risk assets, which has led to murmurs of a potential correction in home prices as the Federal Reserve’s tapering of asset purchases leads to higher mortgage rates. Housing prices have risen dramatically (nearly 20% nationwide, per Case Shiller and FHFA) over the past year, and even if many people feel that meteoric rise makes conditions ripe for a bubble, a closer look reveals that is not necessarily the case.
In this webinar, MCT’s COO, Phil Rasori, will team up with MBA’s Chief Economist, Mike Fratantoni, to discuss how lenders can stay on top of changing market cycles in 2022.
In Paul’s Tip of the Week, we look at MTM and Volume limits for clients working with dealers in MCTlive!
What to Watch in 2022. As traders return to action and open 2022, it is to a market dominated by increasing (milder?) COVID infections under the shade of inflation and tightening by the Fed. The last two years have shown that changes in COVID infections shift the economy, though each successive wave of infections has led to milder economic slowdowns.
Menu: • Articles & Press Releases • Whitepapers & Webinars • Events & Conferences • Did You Know? MCT Star December Issue: Where Has 2021 Gone? How is it possible that 2021 is already coming to an end? This year has come and gone in a blur! Events slowly...
Danyel Shipley has been designated to Mortgage Professional America (MPA) magazine’s list of Elite Women in Mortgage for 2021. The annual awards recognize successful women who are raising the bar on gender equality within the industry, making significant contributions, advancing their companies, and are consummate experts in their respective fields.
In this webinar, MCT’s Curtis Richins, Paul Yarbrough, and Ian Miller discuss the debut of its new Learning Center, a one-stop educational content database for each stage of growth of a mortgage lender in the secondary market.
Rasori’s Relentless Releases Episode 7: BAM Marketplace Bid AOT Published 11/29/2021 In MCT’s seventh episode of Rasori’s Relentless Releases, Justin Grant covers some recent enhancements we’ve brought to BAM Marketplace for buyers and sellers. MCT...
HUD is coordinating with FHFA to ensure fair housing and fair lending across the board. This panel will feature industry trade group leaders talking about the recent FHFA/HUD changes and what lenders can expect as we head into 2022.
In this webinar, MCT’s COO, Phil Rasori, will team up with Fannie Mae’s SVP and Head of Single-Family Products & Solutions, Steve Pawlowski, to discuss getting approved with Fannie Mae, moving from cash to MBS, API integrations and initiatives for 2022.
Regardless of if you’re a broker looking to become a banker, a non-delegated lender looking to become fully delegated, or a small delegated lender looking to grow, we have helped others through those very processes, and can extend our experience and knowledge to your situation as well. Learn how to properly make the transition in this joint webinar from MCT and TMS.
