What is MSR Valuation? Mortgage Servicing Rights 101
Discover the fundamentals of Mortgage Servicing Rights, their benefits, risks, accounting methods, and key valuation drivers for long-term profitability.
MSR Market Monthly Update – November 2024
Click to read the most recent MSR Market Update! – Here we go again! Mortgage rates and all other rate indices continue their roller-coaster ride quarter after quarter. After so much anticipation of lower mortgage rates to remain throughout the rest of 2024, rates took a sharp U-turn and are back up about 68 basis points from their lows on September 30, 2024. The current rates reversal is significant since it took such a short time to get to back up to the same point where market rates were just three months ago. Click to read the full market update!
MCTlive! Quarterly Release Notes in Q3 2024
Described below within relevant tabs, you’ll find a listing of our Q3 2024 technology developments. This update also includes technology release notes for MCT’s MSRlive! and Business Intelligence tools.
MCT Expands MSR Valuation Options with AD&Co Prepayment Model
Addition of internationally recognized model to MCT proprietary model enhances scenario testing, precision, and confidence for MSR managers.
MSR Market Monthly Update – October 2024
Join our newsletter to receive every MSR update! Join Our Newsletter The Fed has finally cut the overnight rate by 50 basis points, a larger cut than what was anticipated. The mortgage market had already built in the rate cut in their offerings; Mortgage rates...
MCT & Lender Price Webinar | Strengthen Pricing & MSR Strategies
In this webinar, MCT’s David Burruss and Azad Rafat are joined by Lender Price’s Paul Orlando and David Colwell to discuss MSR strategies and how the right MSR strategy can increase your bottom line.
MSR Market Monthly Update – September 2024
Click to read the most recent MSR Market Update! – Finally, inflation data signals that the Fed’s anticipated rate reduction action is coming very soon, and probably during their meeting in September. Mortgage rates have already dropped by about 48 basis points since July 31, 2024, and 65 basis points lower since the end of Q2. The industry has already experienced some robust refinancing activity since July 2024 which could continue as the market awaits the Fed’s announcement. The real estate industry is anticipating robust mortgage/housing activity once the Fed’s announcement becomes a reality.
Enhanced Retain-Release Extension for Best Ex. Analysis
We asked Natalie Martinez, MCT’s Manager of the MSR Services Department & Client Success, to sit down and provide insight into MCT’s enhanced retain-release analysis tool, Enhanced Best Execution (EBX). Watch the video below to see what Ms. Martinez has to say about EBX.
MSR Market Monthly Update – August 2024
Click to read the most recent MSR Market Update! – The Fed’s recent announcement indicated no changes to the current Fed Funds rate, hence opening the possibility for a rate decline during their next meeting in September. It appears that the market has already built a 25 basis points decline in the mortgage offerings as we observe continuous easing in the 10 Year Treasury rate and the entire yield curve. As of July 31, 2024, the 30-year primary mortgage rate has retreated by 15 basis points while float income rates have declined by an average of about 45 basis points.
MSR 101: Reviewing MSR Principles, Advantages & Disadvantages, & Key Portfolio Valuation Drivers [MCT Industry Webinar]
In this webinar, MCT’s MSR experts, Bill Shirreffs, Azad Rafat, David Burruss, and Natalie Martinez will provide MSR insights, elaborate on their advantages and disadvantages, describe the difference between fair, market, and economic value, and give a current market update.
MSR Market Monthly Update – July 2024
Click to read the most recent MSR Market Update! – Mortgage rates and other rate indices have managed to remain at relatively about the same level as they were at the closing in the month of May. Mortgage rates managed to end the month of June with a marginal increase of about three (3) basis points, while float income rates decreased by about eight (8) basis points during the same period. MSR portfolio holders should expect values to remain about the same level as they were at the end of May results. However, those levels could 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 continue to persist as we navigate through the balance of 2024.
MCTlive! Quarterly Release Notes in Q2 2024
Welcome to MCT’s Quarterly Release Notes! Described within relevant tabs, you’ll find a listing of our Q2 2024 technology developments. This update also includes technology release notes for MCT’s MSRlive! and Business Intelligence tools. Improvements span general platform maintenance, feature and function enhancements, and entirely new development. Should you have questions or comments about our latest releases, please reach out to your MCT representative.
Why MCT? Information on MSR Services & Interview with Bill Shirreffs
Read this blog to see why secondary market professionals continue to choose MCT for their MSR needs. Plus, view the interview with MCT’s Bill Shirreffs.
MCT and Lender Price Join Forces to Improve Mortgage Pricing with Loan-Level MSR Values
Mortgage Capital Trading (MCT®), the de facto leader in innovative mortgage capital markets technology, and Lender Price, the first cloud-native provider of mortgage pricing technology, have partnered to provide mortgage lenders using the Lender Price product and pricing engine (PPE) with loan-level MCT MSR values. MCT’s industry-leading mortgage servicing rights (MSR) grids allow Lender Price PPE clients to be more granular, profitable, and efficient when generating their front-end borrower pricing and managing their MSR portfolio.
Q2 2024 Valuations Interview with David Burruss
We asked MCT’s Director of MSR Sales, David Burruss, to sit down and provide insight regarding MSR valuations as it pertains to the current market. 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 MSR Valuations.
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.
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.
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]](https://mct-trading.com/wp-content/uploads/2024/05/Base-Rate-Generator-Webinar-Recording-1.jpg)
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.
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 Launches Complete Best Execution, Now Including Fully Integrated Retain VS. Release MSR Decisioning
Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, proudly introduces a game-changing advancement. With this groundbreaking development, MCT’s Enhanced Best Execution (EBX) solution emerges as a real-time bridge between MCTlive! (live whole loan/SRP execution) and MSRlive! (loan level MSR valuation), revolutionizing the landscape of best execution strategies in the mortgage industry.
MCT Industry Webinar: Complete Best Execution – Now Including Fully Integrated Retain/Release MSR Decisioning
In this webinar, MCT will review the current state of the MSR market and discuss more comprehensive retain vs. release strategies, in addition to our recently introduced fully integrated Enhanced Best Execution (EBX) solution. MCT’s Paul Yarbrough will provide insights from a trader’s perspective regarding MSR best execution strategies at time of loan sale. He will also be highlighting MCT’s Rapid Commit technology and assignment of trade processes. This session will include a live demo of the EBX (MCTlive! and MSRlive!) integration, showcasing how EBX can effectively optimize your flow MSR trading process and decisions.
MQMR & MCT Webinar – MSR Risk Management, Compliance & Current Market Strategies
In this webinar, MQMR and MCT review operational and regulatory best practices, tips to avoid common MSR management mistakes, and current MSR pricing trends.
MCT’s Commitment to Clients
