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
View All Rasori’s Relentless Releases
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MCT Industry Webinar: Introducing MCT Marketplace
Join us on June 9th at 10AM PT for a formal introduction to the platform, where we will discuss the process, features, and competitive benefits of the world’s first truly open loan exchange platform.
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Case Study: Ruoff Mortgage Adds Efficiency with Rapid Commit & Fannie Mae
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MCT’s Enhanced Best Execution (EBX) Technology Automates MSR Retain-Release Decisions
Mortgage Capital Trading®, Inc. (MCT), the leading mortgage hedge advisory and secondary marketing software firm, announced today their Enhanced Best-Execution (EBX) tool used for MSR retain-release decisions has now automated the function of pulling comprehensive data from MCTlive!® and MSRlive!.
How to Grow from a Mortgage Broker to Mortgage Banker
In this article, we will discuss the role of a broker versus banker and how a secondary market professional can make the transition from broker to banker most successfully.
Top 5 Takeaways for Bulk MSR Market: Q1 2021
With the first quarter over in 2021, the market for MSR sales is beginning to shift. Take a look below and review our Top 5 Takeaways for Bulk MSR Market.
How Does the Federal Reserve Affect Mortgage Rates?
In this article, we will discuss the structure of the Federal Reserve, how the Federal reserve supports the economy, and how it influences the demand of the three monetary policy tools.
