MCT Webinar – Staying Prepared in a Changing Mortgage Market
The webinar from January 20th has concluded. Please view the recording below.
In this webinar, MBA Chief Economist Mike Fratantoni joined MCT COO Phil Rasori to outline the different business cycles and how lenders can set a foundation of resilience to changing markets. Additionally, the webinar gave attendees a look ahead to what we can expect for 2022.
Interest rates, origination volume and profit margins are constantly shifting based on a variety of factors, and it takes an efficient and intelligent operation to stay on top of it all. Most lenders react, rather than act, to changes in the environment.
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About the Webinar:
In this webinar, MCT’s Phil Rasori teamed up with MBA’s Mike Fratantoni for an in-depth discussion on what’s on lender’s minds and the horizon in 2022.
The following topics were discussed:
- Mortgage Market Cycles
- Trade Desk Recommendations
- MBA 2022 Forecasts
- MCT Client Lock Metrics
About the Webinar Presenters:
Phil Rasori, COO, MCT
Mr. Rasori is a recognized thought-leader in capital markets operations within the mortgage banking community. His areas of expertise include complex financial modeling, computational dynamics, and linear programming for operational optimization. He developed the ground-breaking mortgage pipeline hedging algorithms that form the foundation of MCT’s HALO Program today. He has also pioneered several metrics that have become standard industry parlance, including “beta pull-through” factors. In addition to banking clients, Mr. Rasori has consulted with GSE agencies and the US Government on hedging best practices for community banks. Mr. Rasori has functionally led MCT operations since 2005 and ascended to his current role as COO in 2007.
Mike Fratantoni, Chief Economist, Senior Vice President, Research and Industry Technology, MBA
Michael Fratantoni is MBA’s Chief Economist and Senior Vice President of Research and Industry Technology. In this role, he is responsible for overseeing MBA’s industry surveys and benchmarking studies, economic and mortgage originations forecasts, industry technology efforts, and policy development research for both single-family and commercial/multifamily markets. Additionally, Fratantoni is a member of the Board of Directors of MISMO and the membership committee of MERS. Prior to joining MBA, Fratantoni worked in risk management and senior economist roles at Washington Mutual and Fannie Mae. He received a Ph.D. in economics from Johns Hopkins University and a B.A. in economics from The College of William and Mary, and has served as an adjunct professor at the University of Washington, and Johns Hopkins, George Washington, and Georgetown Universities.
Mike Fratantoni, Chief Economist, Senior Vice President, Research and Industry Technology
Mortgage Bankers Association