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

Learn About MCTlive!

View All Rasori’s Relentless Releases

MCT Reports a 7% Mortgage Lock Volume Increase in Latest Indices Report

Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced today an increase of 6.78% in mortgage lock volume compared to the previous month. To gain comprehensive insights into the market dynamics, industry professionals and enthusiasts are invited to download the complete report.

MSR Market Monthly Update – June 2024

Click to read the most recent MSR Market Update! – Mortgage rates and some rate indices have experienced a slight retreat from their end of April highs, closing the month of May with robust gains over end of Q1, 2024 levels. Mortgage rates managed to end the month of May with a decrease of about thirteen (13) basis points, while float income rates decreased by about the same amount during the same period. MSR portfolio holders should expect a moderate value decline in the range of one to four (1-4) basis points from the end of April results. However, those decreases will 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 will persist as we navigate through the balance of 2024.

Introduction to Mandatory Loan Sale Delivery

In this post, we will provide an overview for implementing mandatory loan sale delivery and how mortgage bankers like Andrew Stringer at First Bank were able to capture a +52 bps pickup over best efforts.

MSRlive! 3.0 – New Technological Advancements that Produce Better Efficiency

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How Correspondent Investors can Leverage AOT Automation in MCT Marketplace

In this blog, MCT’s Justin Grant, Senior Director, Head of Investor Services explains how AOT automation is paving the way for a new era of efficiency and profitability in mortgage trading, especially with the help of MCT Marketplace. Read on to see how AOT can benefit investors and sellers alike.

MCT’S SARAH HELLMAN NAMED AS ONE OF HOUSINGWIRE’S 2024 RISING STARS

Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, proudly announces that Sarah Hellman, Director, Lender Business Intelligence, has been named HousingWire’s 2024 Rising Stars.

MCT Base Rate Generator Facilitates Better Pricing and Day-One Margin Preservation for Mortgage Originators

Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, today announced the release of the Base Rate Generator, an industry-changing solution that allows mortgage lenders to directly inform their front-end rate sheet pricing with their back-end capital markets executions.

Preserve Margins and Improve Pricing with the Base Rate Generator [MCT Industry Webinar]

View the webinar recording featuring MCT’s Phil Rasori, Chris Anderson, Rob Barnhill and Luke Chang on the latest developments in front-end pricing and back-end capital markets execution. The landscape and granularity of investor pricing has changed, and lenders should keep up in order to preserve and optimize their margins.

MSR Bulk Sales 2024 Update

Click to watch this video and see what David Burruss has to advise on bulk MSR sales. – In this video, Mr. Burruss discusses industry trends and answers the questions that the majority of clients are currently asking him. Watch the video to hear his summary and advice on the current market.

MCT Reports a 2% Lock Volume Increase Despite Rising Rates

Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, today reported a 1.87% increase in mortgage lock volume compared to the previous month. To gain comprehensive insights into the market dynamics, industry professionals and enthusiasts are invited to download the complete report.