Phil Rasori of MCT to Speak on Panel Session at MBA

Phil Rasori of MCT to Speak on Panel Session at MBA Annual Convention on TBA Margining

 

SAN DIEGO, Calif., Oct. 14, 2014 – MCT Trading, Inc. (MCT), a recognized leader in mortgage pipeline hedging, loan sale execution and risk management services, announced that its COO, Phil Rasori, will be speaking on a panel session at the 101st MBA Annual Convention entitled Margining Your Future.

The panel is being held at the Mandalay Bay in Las Vegas, Nevada on Tuesday, October 21 from 3:30 p.m. to 4:30 p.m. PDT.

This panel will hold a discussion on the background of the Treasury Market Practices Group (TMPG) and their recommendation to margin To Be Announced trades (TBAs).  Attendees will learn about the scope of their recommendations, future TMPG initiatives, and FINRA’s proposed rule on TBA margining.  Panelists will also discuss the end user exemption from maintenance margin for mortgage bankers and expectations of risk monitoring for broker dealers.


Session Moderator:

Daniel McPheeters

Assistant Director, Secondary and Capital Markets

Mortgage Bankers Association

Session Speakers:

Phil Rasori

Chief Operating Officer

Mortgage Capital Trading, Inc. (MCT)

William R. Godfrey

Executive Vice President, Capital Markets

Mason-McDuffie Mortgage Corporation

Jorge Kalb

Managing Partner

Atlas One Financial

 

Session Information:          

Title: Margining Your Future

Date: Tuesday, October 21, 2014

Time: 3:30 p.m. to 4:30 p.m. PDT

Location: Mandalay Bay Ballroom L

About Mortgage Capital Trading

MCT Trading is a risk management and advisory services company providing independent analysis, training, hedging strategy and loan sale execution support to clients engaged in the secondary mortgage market. Founded in San Diego, California in May 2001, the company has expanded to include field sales and support offices in Philadelphia, Dallas, San Francisco and Charlotte.  MCT is recognized as a leading provider of mortgage pipeline hedging service and currently supports more than 100 clients on the HALO (Hedging And Loan sales Optimization) Program. MCT also offers a central lock desk service to mortgage bankers that effectively outsources the lock desk function called LockCentral. For more information, please visit mct-trading.com or call (619) 543-5111.


CONTACT:

Joe Bowerbank
Profundity Communications, Inc.
949.378.9685
[email protected]