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
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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.
What Caused Lender Profit Margin Compression in 2018?
We are proud to introduce our latest whitepaper, What Caused the Lender Profit Margin Compression? by Bill Berliner, for those who are interested in diving into MCT client and market data. We’ll discuss lender competition, decreasing volumes, increased interest rates, and weakening of relative pricing of mortgage-backed securities (MBS) as contributors.
MCT Marketplace Technology Automates Tri-Party Agreement for Investors’ Bid Tape AOT Loan Sale Executions
SAN DIEGO, Calif, Aug. 3, 2018 – MCT announced automation of the Tri-Party Agreement required between lenders, investors, and broker-dealers during Assignment Of Trade (AOT) transactions in the secondary market. The functionality is built into MCT’s Bid Auction Manager™ (BAM) to improve efficiency for what is expected to be a game-changing new delivery option for the secondary market.
