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

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

Join MCT’s Bill Shirreffs, Senior Director, Head of MSR Services and Sales Operations, David Burruss, Director, MSR Sales, Natalie Martinez, Manager of the MSR Services Department & Client Success, and Azad Rafat, Senior Director, MSR Services as they discuss new enhancements to the MSRlive! model, provide insight into the MSR market as a whole, and open the floor for questions from participants.

How Correspondent Investors can Leverage AOT Automation in MCT Marketplace

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.

MSR Bulk Sales 2024 Update

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

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.

MSR Market Monthly Update – May 2024

MSR Market Monthly Update – May 2024

Click to read the most recent MSR Market Update! – Mortgage rates and some rate indices have experienced a healthy recovery from their lows recorded at the end of February, closing the month of April with robust gains over their end of the year levels. Mortgage rates managed to end the month of April with an increase of about fifty-two (52) basis points, while float income rates have increased by an average of thirty (30) basis points since the end of March. MSR portfolio holders should expect a moderate value recovery in the range of two to six (2-6) basis points from the end of March. However, those increases 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 2024.

MCT Whitepaper: Duration and Convexity in Mortgage Pipeline Hedging

MCT Whitepaper: Duration and Convexity in Mortgage Pipeline Hedging

The intricate world of mortgage pipeline hedging demands a nuanced understanding of key concepts such as duration, convexity, and the interplay between various market dynamics. In this whitepaper, we dive into the importance of grasping these concepts to effectively navigate the complexities of mortgage markets.