MCT & Freddie Mac Present: MSR Management in a Volatile Market
In this two-part video series, Freddie Mac and MCT’s MSR division team up to discuss strategies for managing a MSR portfolio in a volatile market. In the series, the panel provides guidance on granular pricing decisions, how specific variables factor into best execution, and leveraging your MSR asset for cash flow needs.
Watch Part 1 and Part 2 of the video series below or contact us today for strategic MSR guidance.
Part 1: Leveraging Options & Reviewing Your Execution Strategy
In part 1 of this series, Freddie Mac’s Hakan Beygo joins MCT’s Bill Shirreffs, Azad Rafat, and David Burruss to review options in your execution strategy.
Topics include:
- Leveraging MSR transaction options in a volatile market
- Using tools for granular pricing considerations
- How servicing programs, cost structures, and capacity filter into best execution
Part 2: Cash Flow and Impact on Retain vs. Release Decisions
In Part 2 of this series, Freddie Mac’s Hakan Beygo joins MCT’s Bill Shirreffs, Azad Rafat, and David Burruss to discuss cash flow and impact on retain vs release decisions.
Topics include:
• MSR retention and it’s natural hedge against originations
• Leveraging your MSR asset for cash flow
• Ensuring your retain vs. release strategy is in line with your business objectives
“Market volatility demands flexibility. Make sure you have all the tools and options available to help manage your business. MCT and Freddie Mac can help.”
Resources from Freddie Mac & MCT
Please view the list of helpful links from Freddie Mac and MCT below. If you have any questions, you can also contact Freddie Mac or MCT for more information.
Working with SMAs – Freddie Mac partners with Secondary Market Advisors (SMAs) to provide an efficient, end-to-end experience for conducting business with us. Our partnerships enable the bidirectional flow of data, letting your secondary marketing staff save time and improve operational efficiencies.
Pricing and Committing Loans through APIs – Using application programming interfaces (APIs), MCT is integrated with Freddie Mac’s Loan Selling Advisor® to provide you quick and easy access to cash pricing and committing.
Freddie Automated Servicing Transfer (FAST®) – Save time and simplify servicing transfers! With FAST, there’s no need to create a servicing dataset or conform to a Servicer’s unique data and documents delivery requirements. Upload your imaged servicing documents to FAST via secured file transfer, and let the tool stack the servicing documents and create the data file required by the servicing buyer.
Servicing-Released XChange® – Selling your servicing rights can bring in quick cash to offset shrinking originations and margins as rates increase and inventory tightens. Whether you’re looking for the best price, convenience or a correspondent method, we have the Servicing-Released XChange execution to fit your business needs.
Freddie Mac Integrations for Mutual Clients – MCT’s Rapid Commit application programming interface, or API, with Freddie Mac allows mutual clients to retrieve loan-level pricing to save time and improve data accuracy. Users access this integration through MCT’s Bid Auction Manager® within MCTlive!®, which combines bid tape management with a powerful loan pipeline management platform.
Freddie Mac & MCT Present – Selling Guarantor: Ensuring a Successful Transition – In this webinar, Freddie Mac and MCT will explore the execution, operations, and costs lenders should analyze when considering the move from Cash to Guarantor.
MCT & Freddie Mac Whitepaper: Non-Price Considerations in Your Best Execution Analysis – In this whitepaper, MCT teams up with Freddie Mac to identify unexpected costs associated with your loan sales to improve profitability.
Video Highlights: Mortgage Servicing Rights in a Volatile Market
View the highlights and key takeaways from this video series below, where panelists discussed MSR options in a volatile market and cash flow and impact on retain vs. release decisions. If you have any questions about the content in the video please contact us today.
MSR flexibilities provide sustainability especially in a volatile market
Receive your approval to retain if you have not already
Ensure best ex strategy factors in servicing valuations, cost structures, capacity and more
About the Panelists
Learn more about the panelists from Freddie Mac and MCT in the section below.
Hakan Beygo
Senior Director, Secondary Execution Strategies, Single-Family Pricing, Freddie Mac
Bill Shirreffs
Senior Director, Head of MSR Services and Sales Operations
MCT
David Burruss
MSR Sales Director
MCT
Azad Rafat
Senior Director, MSR Services
MCT
Mr. Beygo is a seasoned financial professional with over 25 years of leadership experience in investor relations, transaction management, secondary marketing, portfolio risk management, and credit risk management of real estate-based and other consumer finance assets.
Mr. Shirreffs is MCT’s Head of MSR Services & Sales Operations, responsible for overseeing all operational aspects of the sales organization and other related functions, including contract management, sales leadership, strategic planning, process improvement, and sales reporting.
Mr. Burruss is a 30-year mortgage industry veteran. As Director of MSR Sales, David is responsible for marketing outreach and acquisition of new customers.