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’s Cara Krause Honored with the Powerful Women of Mortgage Banking Award by Mortgage Banker Magazine
– Mortgage Capital Trading, Inc. (MCT), the de facto leader in innovative mortgage capital markets technology, announced that Cara Krause, VP, Northeast Regional Sales, has been selected as one of the Powerful Women of Mortgage Banking 2023 by Mortgage Banker Magazine. The annual awards recognize successful women who are shattering the glass ceiling and making significant impact in the industry.
MCT Mortgage Industry Perspectives
What Gets You Through Down Cycles in the Mortgage Market? In this new MCT series, we are asking secondary market professionals topical questions you’re also probably pondering as well.
MCT Industry Webinar: Maximize Loan Trading Profits with MCT Marketplace
With limited mortgage volume, you need to make the most of every loan trade. MCT Marketplace is the largest mortgage asset exchange for the U.S. secondary market that is pushing the industry forward with new efficiencies and executions. View this webinar featuring MCT’s Phil Rasori, Paul Yarbrough, and Justin Grant for a practical guide to maximizing your loan trading profits.
High Rates & Low Supply Drag Down Mortgage Volume in MCT October Indices Report
MCTlive! Mortgage Lock Volume Indices covers the period from September 1 to September 30, 2023, and represents a broad and balanced cross section of several hundred lenders of various sizes and business models in the mortgage industry across retail, correspondent, wholesale, and consumer direct channels.
Mortgage Capital Trading Named Best Place to Work 2023 by SDBJ
Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced that it has been named one of the Best Places to Work 2023 by the San Diego Business Journal (SDBJ).
MCT and Freddie Mac Webinar: Current Economic and Housing Outlook, Affordable Lending Strategies and Technology Solutions
Complete the form to join Freddie Mac’s Ajita Atreya and Mia Jones, along with MCT’s Paul Yarbrough for this webinar on Thursday, October 5th, 10-11a.m. PT.
Mortgage Lock Volume Dips Slightly in Response to Rising Rates in September MCT Indices Report
MCTlive! Mortgage Lock Volume Indices covers the period from August 1 to August 31, 2023, and represents a broad and balanced cross section of several hundred lenders of various sizes and business models in the mortgage industry across retail, correspondent, wholesale, and consumer direct channels.
MCT Whitepaper: Optimizing Your Best Execution Loan Sale Analysis
Determining what execution is most efficient and profitable will have a big impact on the bottom line. This whitepaper reviews several key considerations to apply a strategic best execution analysis.
Case Study: Vellum Mortgage Improves Profitability & Efficiency with MCT
Through MCT’s software and services, Vellum Mortgage has improved profitability, efficiency, and added new investors. To accomplish this goal, they rely on BAM Marketplace, MCTlive!, and the Business intelligence tool.
MCT Whitepaper: Getting Started with Agency Approvals
This whitepaper outlines why having a Fannie Mae, Freddie Mac, or Ginnie Mae approval adds value to a mortgage company or depository and offers some important tips on how to obtain that valuable approval.
