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
Digital Loan Trading and the Future of Secondary Markets | Lenders One Summer Conference Panel with Phil Rasori
Over the next 6 months, we are expecting to see a continued trend in the adoption of digital mortgage loan trading tools. This conference panel recap will help you stay ahead of the curve, prepare for the future of digital loan trading, and we hope this recap will even get you a few more basis points!
MCT Marketplace Technology Achieves 100 Percent Investor Adoption
SAN DIEGO, Calif., Oct. 16, 2017 – Mortgage Capital Trading, Inc. (MCT) announced that it has gained unprecedented industry-wide technology adoption among the investor aggregator community. MCT officially unveiled the Bid Auction Manager™ (BAM) within its capital markets software platform, MCTlive!, in July of this year.
Trends In Secondary Execution: Big Data, Big Execution
Learn how data-driven execution of closed loan collateral has enabled aggregators to price loans more efficiently than ever before. Download the full article from Secondary Marketing Executive magazine written by MCT’s COO, Philip Rasori.
Mortgage Capital Trading Again Named Best Places to Work – for the Sixth Year Consecutive Year
SAN DIEGO, Calif, October 10, 2017 – For the sixth year in a row, MCT has earned a spot in the San Diego Business Journal’s (SDBJ) Best Places to Work list! Organizations that make the annual list go through a rigorous, two-part process over the course of several months that…
Inc. 5000 Names MCT to its List of 2017 Fastest-Growing Private Companies for the Seventh Year in a Row
SAN DIEGO, Calif, Aug. 17, 2017 – MCT announced that it earned a spot on the 2017 Inc. 5000 fastest-growing private firms in America, making the company a seven-time Inc. 5000 honoree. The average company on the list achieved a mind-boggling three-year average growth of 481 percent.
Secondary Marketing Opportunities for 2018 and Beyond | CMBA Panel Session with Phil Rasori
The format of this session provided the audience with a perspective for opportunities in 2017, 2018 and further into the future! Learn from Phil Rasori and other expert panelists that were part of this panel for the California MBA Secondary Marketing Committee.
MCT Introduces MCT Marketplace Secondary Marketing Tape Transfer Technology
SAN FRANSISCO, Calif, July 19, 2017 – Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing technology firm, announced at the California Mortgage Bankers Association’s (CMBA) annual Western Secondary Market Conference held in San Francisco that it has released new secondary marketing technology to improve the industry’s existing loan sale practices. Dubbed Bulk Acquisition Manager™ (BAM), the solution automates the process of packaging and transferring bulk loan bids, which benefits investors, lenders and MCT’s team of mortgage loan traders.
Yield & Arbitrage Theory – Risk Management Part 2
Servicing Insights Vol. 5 will explore how to tackle the uncertainty of interest rates which lead to uncertainty about the future values of your asset. Utilizing examples of both horse race and Superbowl betting strategies to review the concept of how to use averages to compute a price for your uncertain assets.
Mortgage Capital Trading Adds Cara Krause to its Growing Sales Team
SAN DIEGO, Calif, April 26, 2017 – Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing technology firm, announced that Cara Krause has joined the company as regional sales director. Ms. Krause will handle business development efforts and client management for new lender clients in the Northeast region of the country.
Appropriate Discounting Methodology – Risk Management Part 1
In Servicing Insights Vol. 4, we will focus on finding what is the appropriate discounting methodology. This covers the basics of cash flow return analysis and reviewing static vs. dynamic yield. Learn detailed aspects of servicing valuation & modeling for experienced mortgage bankers.
