MCT Trading Opens East Coast Office

Mortgage Capital Trading, Inc. Opens East Coast Office

 

Office will house additional staff to support growing client base

 

SAN DIEGO, Calif., July 29, 2011 – MCT Trading, Inc. (MCT), a recognized leader in mortgage pipeline hedging and risk management services, announced that it has established an office in Bala Cynwyd, Pennsylvania, just outside of downtown Philadelphia.

The new facility expands MCT’s presence on the East Coast.  Its location allows the company’s traders and analysts to facilitate regular personal interaction with clients in the Eastern Standard Time zone.  Officials at the company say they also plan to host prospective and existing clients at the new office to provide training, educational seminars and face-to-face meetings.

“We have been strategically positioning ourselves to add new clients at a healthy rate in an effort to avoid the growing pains that many companies experience when operating in a growth phase,” said Curtis Richins, president of MCT.  “This office’s proximity to East Coast lenders ensures that we continue to deliver excellence in service and responsiveness.  A big part of our value proposition is to provide clients with extensive education, coaching and continuous support in making the transition from best efforts to mandatory mortgage executions, managing risk and maximizing profitability.  The addition of this office lays the foundation to deliver on that promise.”

MCT is headquarted in San Diego, California and also has locations in Dallas, Texas; Charlotte, North Carolina; San Francisco, California; and now Philadelphia, Pennsylvania.  Notable is that each of MCT’s locations are linked together with the same phone lines and video cameras.  Each office is designed with the capability to operate independently in the event of a natural disaster in a single location, thus preventing any slippage in providing real-time hedging services to clients.

Philadelphia office contact information:
111 Presidential Blvd., Suite 209
Bala Cynwyd, PA 19004
Phone: (619) 543-5111

MCT is comprised of a group of senior mortgage banking professionals that hold years of deep experience in capital markets trading.  In 2010, the company doubled its revenue and is currently tracking to again double revenues in 2011. MCT recently celebrated its tenth anniversary of being in business.

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, Charlotte and San Francisco. MCT is recognized as a leading provider of mortgage pipeline hedging service and currently supports more than 60 clients on the HALO (Hedging And Loan sales Optimization) Program.  For more information, please visit mct-trading.com or call (619) 543-5111.

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