Your Growth Stage Is:
Best Efforts Loan Sales
A lender that is delivering primarily on a best-efforts basis and has not yet transitioned to pipeline hedging with mandatory execution. Key growth opportunities include implementing a pipeline hedging strategy and delivering safely on a mandatory basis to improve profitability.
Recommended Content:
Blog:
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.
Case Study:
First Bank Realizes Increased Profitability by Moving to Mandatory Loan Sales
Learn the details of how Andrew Stringer at First Bank leveraged MCTlive!, Bid Auction Manager (BAM), and Rapid Commit to improve loan sale pickup and operational efficiencies.
Webinar:
Moving to Mandatory Loan Sale Delivery Webinar
In this webinar, MCT discusses how lenders are leveraging mandatory loan sale delivery to improve profitability and manage risk with pipeline hedging and also operational changes needed to move from best efforts to mandatory loan sales.
What stage of secondary marketing applies to your business?
Further Reading for Best Efforts Loan Sales Growth Stage
Our white papers were written by MCT experts, vendor partners, and industry thought leaders. Ready to explore additional topics? View our complete list of whitepapers.
This whitepaper reviews the intricate world of margin management, a pivotal driver of success in the ever-transforming mortgage industry. Learn how analyzing market share dynamics and volume trends becomes a strategic compass for effective margin management. 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. 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.
MCT consistently hosts webinars designed to add value to clients and provide additional industry knowledge. View our complete list of webinars for additional topics.
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. In this webinar, MCT will discuss how lenders are leveraging mandatory loan sale delivery to improve profitability and manage risk with pipeline hedging. MCT will also review operational changes needed to move from best efforts to mandatory loan sales. Complete the form to join us on Thursday, April 4th at 11AM PT. In this webinar, MCT’s Phil Rasori, Justin Grant, and Andrew Rhodes explain how MCT is helping clients Bring BPS Back and improve profitability to counter market headwinds. 
Learn how other mortgage lenders have improved their profitability and efficiency by implementing loan sale software solutions. Read here for all MCT case studies
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. In this case study, Mr. Danilowicz explains how MCT’s MSR team helped Doorway Home Loans successfully facilitated a $1 billion MSR Sale. He also describes how MCT was instrumental in providing critical guidance through the 2020 market uncertainty and volatility. In this case study, Mr. Jeppsen explains how MCT’s blend of industry knowledge, customer service, and award-winning software helped him achieve this goal. He also leveraged functionality in Bid Auction Manager, Rapid Commit and the InvestorMatic Program to add hours of efficiency each week.
Enjoy these other articles for your growth stage. Click to view blog posts by MCT.
When will mortgage rates drop? Will inflation go down in 2024? Is a recession coming? Read this market predictions for 2024 article to learn our analysis for the future of 2024 and predictions for the 2025 housing market. We wanted to broach three newsworthy stories from 2023 that have not been addressed in the weekly commentary: changes to the Loan Level Price Adjustment (LLPA) matrix, Wells Fargo’s exit from the correspondent lending space, and the U.S. breaching its debt ceiling. After six consecutive rate increases of 50 BPS or more, as expected, the Fed raised rates by 25 BPS today (Wednesday), lifting fed funds to a new target range of 4.5-4.75%. More importantly, the committee continued to promise “ongoing increases” in overnight borrowing costs as part of its ongoing and unresolved battle against inflation. By keeping the promise of future rate hikes, the Fed pushed back against investor expectations that it was ready to signal the end of the current tightening cycle.
Recommended Software:
MCT’s LockCentral is available to best efforts clients making the move to hedging or clients already hedging and delivering mandatory. Increase productivity, improve data integrity, and gain full control over lock management.
Built for Secondary Marketing by secondary marketing professionals, MCTlive! is a powerful platform available for day-to-day loan pipeline management, trade positions management, and loan sale best execution.
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