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
National Mortgage Professional Magazine Honors MCT’s Rhiannon Bolen with 2019 Mortgage Banking’s Most Powerful Women Award
SAN DIEGO, Calif., October 22, 2019 – Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that Regional Sales Director Rhiannon Bolen was selected as one of Mortgage Banking’s Most Powerful Women for 2019 by National Mortgage Professional Magazine’s (NMP).
Case Study: Mountain West Financial Improves Efficiency & Improves Margins with Trade Auction Manager (TAM)
In this case study, Mrs. Mohr describes how MCTlive!, BAM, and bid tape AOT have enabled her team to realize time savings and efficiency gains along with improved margins.
STRATMOR Group’s 2019 Technology Insight Study Again Scores MCT Highest for Overall Satisfaction, Lender Loyalty, and Lender Share
STRATMOR Group’s 2019 Technology Insight Study show MCT as the industry leader in lender share, overall satisfaction, and Lender Loyalty Score® in the Production Pipeline Hedging category.
UPDATE: MCT Integrates its MCTlive!® Secondary Marketing Software with Freddie Mac for Automated Loan Sale Pricing & Commitment
UPDATE Oct. 10, 2019 – MCT is proud to announce the addition of the Freddie Mac Cash-Released XChange browse price API to the integration between Freddie Mac and the MCTlive! platform. Leveraging the browse price API, MCTlive! lenders can now accurately and conveniently utilize Freddie Mac Cash-Released XChange in their best execution analysis.
MCT’s COO Phil Rasori Honored with HousingWire Tech Trendsetters Award
Phil Rasori, has been designated to HousingWire’s inaugural Tech Trendsetters award list. Phil is credited with being instrumental in the architecture and launch of multiple innovative capital markets solutions.
New MCTlive! Mobile App Puts Secondary Marketing at Lenders’ Fingertips
SAN DIEGO, Calif., Sept 18, 2019 – Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, debuted a new MCTlive! mobile application at its MCT Exchange client conference last Friday. The app enables secondary marketing managers to review reporting, manage loan pipelines, and conduct whole loan trading from the convenience of their mobile phone.
Livestream Recordings – MCT Exchange 2022
Sign up for access to the broadcast live from the 2022 MCT Exchange on September 13th at 12pm PT. The live broadcast will feature a selection of representatives from some of the industry’s leading investors as they discuss what’s next for secondary marketing executions and how new technology is improving loan sale processes.
Drive More Leads & Increase Conversions with Borrower & Realtor Facing Technology
In this MCT Community Webinar on August 28, 2019, LenderLogix will use Premium Mortgage to show how their technology has helped improve purchase volumes by 20%, improve pre-qualification conversions by 20%, and improved consumer self-service without removing the loan officer.
Treasury and Mortgage Rates Perspective, August 2019
Treasury yield plummeted at the beginning of August after a confusing post-meeting press conference by Fed Chairman Powell was followed by an escalation in the trade dispute between the U.S. and China. This white paper will provide some context to the recent drop in Treasury and mortgage rates.
KS StateBank – Searching for a New Vendor for Improved Profitability
We had the pleasure of connecting with one of our clients to understand their experience with MCT. In this case study, we interviewed Cameron Mott and Ryan Krell of KS StateBank.
