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
Enhanced Retain-Release Extension for Best Ex. Analysis
We asked Natalie Martinez, MCT’s Manager of the MSR Services Department & Client Success, to sit down and provide insight into MCT’s enhanced retain-release analysis tool, Enhanced Best Execution (EBX). Watch the video below to see what Ms. Martinez has to say about EBX.
Patented Technology Allows Mortgage Buyers to Transact with Any Seller on MCT Marketplace
MCT Marketplace’s Patented Security Spread Commitment boosts execution, liquidity, and approval times in the secondary market, transforming loan auctions with executable prices.
Scale Your Correspondent Market Share with MCT Marketplace
Watch the video to hear what MCT’s Justin Grant, Senior Director, Head of Investor Services, has to say about MCT Marketplace.
MSR Market Monthly Update – August 2024
Click to read the most recent MSR Market Update! – The Fed’s recent announcement indicated no changes to the current Fed Funds rate, hence opening the possibility for a rate decline during their next meeting in September. It appears that the market has already built a 25 basis points decline in the mortgage offerings as we observe continuous easing in the 10 Year Treasury rate and the entire yield curve. As of July 31, 2024, the 30-year primary mortgage rate has retreated by 15 basis points while float income rates have declined by an average of about 45 basis points.
MCT Client Webinar – Major Rally Management
In this webinar, MCT’s Andrew Rhodes, Natalie Arshakian, and Paul Yarbrough provide information and guidance related to this week’s market rally.
MCT Reports a 6% Mortgage Lock Volume Decrease in Latest Report
Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced today a decrease of 5.67% in mortgage lock volume compared to the previous month. Industry professionals and enthusiasts are invited to download the complete report for comprehensive insights into the market dynamics.
MCT’s Andrew Rhodes Honored with HousingWire Insider Award for 2024
MCT is proud to announce that Andrew Rhodes, Senior Director, Head of Trading, has been designated to HousingWire’s 2024 Insider Awards list.
MCT’s Client Success Group – Going Above and Beyond
In this video, MCT’s Paul Yarbrough, Sr. Director, Head of Client Success Group and Jessica Visniskie, Sr. Capital Markets Technology Advisor, discuss how MCT’s Client Success Group goes above and beyond to create the most memorable and valuable experience possible for clients.
![MSR 101: Reviewing MSR Principles, Advantages & Disadvantages, & Key Portfolio Valuation Drivers [MCT Industry Webinar]](https://mct-trading.com/wp-content/uploads/2024/12/MCT-Lender-Price-MSR-Webinar-Title-Slide-400x250.png)
MSR 101: Reviewing MSR Principles, Advantages & Disadvantages, & Key Portfolio Valuation Drivers [MCT Industry Webinar]
In this webinar, MCT’s MSR experts, Bill Shirreffs, Azad Rafat, David Burruss, and Natalie Martinez will provide MSR insights, elaborate on their advantages and disadvantages, describe the difference between fair, market, and economic value, and give a current market update.
MSR Market Monthly Update – July 2024
Click to read the most recent MSR Market Update! – Mortgage rates and other rate indices have managed to remain at relatively about the same level as they were at the closing in the month of May. Mortgage rates managed to end the month of June with a marginal increase of about three (3) basis points, while float income rates decreased by about eight (8) basis points during the same period. MSR portfolio holders should expect values to remain about the same level as they were at the end of May results. However, those levels could vary depending on portfolio vintages and other portfolio characteristics such as agency and GNMA mix. The downrate risk and its potential impact on MSR values continue to persist as we navigate through the balance of 2024.
