Weekly Technology Improvement Series:

Cash-Window APIs

Published 8/18/2021

With MCTlive!, all your bids are tied directly to the cash window through our live, on demand, APIs with Fannie Mae and Freddie Mac. Once posted, live pricing from Fannie/Freddie is available with the click of a button.

 

Even if the market moves between pricing and hitting the bid, you don’t have to worry about delayed rate sheet updates or a dislocation between TBAs and cash window price changes.

 

A full browse price integration to ALL cash window executions provides assurance that you are receiving the most up to date pricing for your best execution and front-end pricing.

 

 

 This live browse with the agencies feature allows you to pull in a base price, SRP, spec, and LLPAs, for an accurate all in price, to make retained or released decisions, with SMP (Fannie), CRX (Freddie), and CTOS (Freddie).

 

Once a best ex analysis is completed (fee adjusted and eligibility included), a lender can easily commit to all of the cash window iterations available.

The ability to select commitment pricing directly from the cash window helps maximize profit and save time in the process of selling loans. MCT® is continually optimizing our capital markets software to keep up with the current market space.  

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

Learn About MCTlive!

View All Rasori’s Relentless Releases

Agile Pooling Functionality – Paul’s Tip of the Week

Agile Pooling Functionality – Paul’s Tip of the Week

MCT is now the first company to be able to leverage the pooling functionality powered by Agile Trading Technologies. Agile, the new way to quote MBS, is bringing mortgage lenders and broker dealers on to a single electronic platform.

Top 5 Takeaways for Bulk MSR Market: Q4 2021

Top 5 Takeaways for Bulk MSR Market: Q4 2021

The economy continues to heal from the pandemic and MSR pricing has seen improvement as a result. Many servicers are still sitting on large portfolios as a result of MSR multiples/prices going to zero in early 2020, but the market is becoming ripe for MSR bulk sales and there is ample capital/liquidity from buyers ready to purchase. Continue reading below for our Top 5 Takeaways for the Bulk MSR Market.

MCT Deepens MSR Expertise with Hire of Azad Rafat

MCT Deepens MSR Expertise with Hire of Azad Rafat

SAN DIEGO, CA, 10-08-2021 – MCT announced today that Azad Rafat has joined the company as the new Senior Director of MSR Services. Mr. Rafat will leverage his hands-on experience designing, building and managing mortgage servicing products to help MCT clients achieve their mortgage servicing goals.

Inc. 5000 Ranks MCT® on its 2021 Fastest Growing Private Companies List Again

Inc. 5000, the most prestigious ranking of the nation’s fastest-growing private companies, has named MCT to its annual list of winners. MCT ranked number 4176 with three-year sales growth of 71% percent and 2020 revenue of $32.3M. Though MCT did not make the list in 2020, this is our 10th year making the list.