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 Announces Bid Pricing on Open Pipelines in Collaboration with Leading Investors
Lenders using MCT’s loan pipeline management software, MCTlive!, received bid tape pricing at the loan level on their open pipeline in year-end mark-to-market reports, a major improvement over the rate sheet and direct trade pricing typically used for this purpose and the first step in addressing a recent crisis in derivative asset pipeline valuation.
MCT’s Danyel Shipley Honored as one of Mortgage Banking’s Most Powerful Women for 2018 by NMP Magazine
SAN DIEGO, Calif, Nov. 30, 2018 – MCT announced that Danyel Shipley was named to National Mortgage Professional Magazine’s (NMP) 2018 list of Mortgage Banking’s Most Powerful Women. Honorees were selected based on their accomplishments where they were instrumental to a major industry innovation, overcoming some seemingly insurmountable obstacle in their career to rise to the top, blaze new trails, and how connected they are.
MSR Valuations in Today’s Market
View the webinar on MSR valuations using MSRlive!, a mortgage servicing rights software built to help MSR professionals manage their portfolio.
MCT Marketplace Webinar
Core Features of MCT Marketplace (MCT Marketplace®) The MCT Marketplace webinar has concluded. Sign up for our newsletter to join upcoming MCT webinars. Join our Newsletter for...
MCT® Moves to Secure Sensitive Borrower Data Exposed in 90 Percent of Secondary Market Transactions
SAN DIEGO, Calif., Nov. 7, 2018 – MCT announced that it is incorporating the company’s patent-pending geocoding technology into its Bid Auction Manager™ (BAM) whole loan trading platform in order to shield borrower addresses from being shared with non-buying entities throughout the whole loan bidding process.
MCT® to Unveil MSRlive!® Platform that Accurately, Easily and Quickly Values Servicing Portfolios
SAN DIEGO, Calif., Oct. 25, 2018 – MCT announced the upcoming launch of MSRlive!, a powerful web-based platform designed to effectively support lenders’ efforts to build, maintain and optimize their servicing portfolios.
Bid Tape AOT Executions Explained
Join us in this educational post as we recap the best information on these new delivery options introduced in our industry webinar on October 11th, 2018. “Under the right conditions, bid tape AOT offers a prescriptive economic value over other executions.”
MCT® Adds Investors to Bid Tape AOT Tri-Party Agreement Automation in its MCT Marketplace
SAN DIEGO, Calif, Oct. 5, 2018 – MCT announced that new investor bid tape assignment-of-trade (AOT) loan sale executions are now available for sellers using its Bid Auction Manager (BAM) whole loan trading platform.
MCT® Adds Multi-Factor Authentication to its MCTlive!® Secondary Marketing Software
SAN DIEGO, Calif, Sept. 27, 2018 – MCT announced that it has implemented multi-factor authentication (MFA) security protocols, which require multiple methods to verify a user’s identity for logins and transactions.
Inc. 5000 Ranks MCT® on its 2018 Fastest Growing Private Companies List for the Eighth Straight Year
SAN DIEGO, Calif, Aug. 17, 2017 – MCT announced that Inc. 5000, the most prestigious ranking of the nation’s fastest-growing private companies, has named MCT to its 38th annual list of winners for the eighth year in a row.
