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
MCT Client Webinar – MCT Marketplace Opportunities & Executions
Join us for this client webinar on October 29. 2020 at 11AM PT.
Best Execution Analysis in the Secondary Mortgage Market
A Best Execution Analysis determines the outlet and method of delivery that will yield the highest net economic benefit for mortgage loan collateral.
Industry Webinar: Election Volatility Preparedness, Part 2
Join us on October 22nd at 11AM PT to discuss the upcoming election volatility. With less than 20 days until election day, there are clear signs that this could possibly be the most-contentious U.S. presidential elections in decades. With uncertainty on the horizon, MCT will continue to fortify client preparedness before, during, and after volatility with educational and timely content.
MCT’s Business Intelligence Platform Gives Lenders Competitive Advantage with Actionable Insights & Data
MCT announced the upcoming launch of their Business Intelligence Platform, a powerful web-based analytics platform designed to empower lenders’ to understand the market, optimize their loan sales, and improve performance relative to their peers.
2020 HW Vanguard Award Winner: Leslie Winick
MCT’s Chief Strategy Officer, Leslie Winick, has been designated to HousingWire’s Vanguard Award list for 2020. The program recognizes executives who have demonstrated outstanding leadership, made a positive impact at their companies as well as the entire mortgage industry.
Case Study: Virginia Credit Union Adds Value to Members through MCT’s Services
In this case study, Mr. Jeppsen explains how MCT’s blend of industry knowledge, customer service, and award-winning software helped him achieve this goal. He also leveraged functionality in Bid Auction Manager, Rapid Commit and the InvestorMatic Program to add hours of efficiency each week.
Pull-Through Functionality for Refi Fees Reintroduction | Rasori’s Relentless Releases Ep. 4
In MCT’s fourth episode of Rasori’s Relentless Releases, Phil Rasori reviews new MCTlive! pull-through functionality which account for the market experience adjustment caused by the reintroduction of the 50 basis point Agency Refi Adverse Market Fee.
MSR Forbearance in 2020: Challenges & Recommendations
In this timely article, MCT’s Director of MSR Services, Phil Laren, reviews how market changes have impacted MSR forbearance in 2020. He also outlines common challenges experienced by portfolio managers and MCT’s recommendations for future MSR management.
Lock-Level Hedge Costs Reporting | Rasori’s Relentless Releases Ep. 3
Episode 3 is a continuation video from Episode 2. In this video, Phil Rasori discusses loan-level hedge costs reporting in more detail.
MCT Webinar: Introducing MCT’s Business Intelligence Platform
Join us October 15th at 11AM PT to learn how MCT Business Intelligence is improving the lender experience. This webinar will demonstrate how the MCT Business Intelligence Platform platform allows lenders to view market trends, compare pricing, measure spreads, locate new business opportunities to give them a competitive edge.
