MCT⭐Star Newsletter: April 2024, Issue 37

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• Articles & Press Releases • Whitepapers & Webinars
• Events & Conferences • Did You Know?

MCT Star April 2024 – Moving to Mandatory Loan Sale Delivery

When mortgage bankers sell their loans on the secondary market, most begin using the best efforts loan sale delivery method. As volume begins to pick up, mandatory loan sale delivery becomes attractive for the increased profits… but how do you manage the risk?

Join us for a webinar on April 4th at 11am PT to learn more about mandatory loan sale delivery. 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.

Further reading: MCT has prepared a blog post titled “Introduction to Mandatory Loan Sales.” Get a head start for the upcoming webinar by reviewing the process beforehand. Read the blog.
Articles & Press Releases
Update for the Current MSR Market
Mortgage rates and rate indices have reversed course since their sharp decline towards the end of December, closing the month of February with significant gains over end of the year levels. Read more…

MCT Reports a 20.9% Increase in Mortgage Lock Volume Amidst Rising Rates
March's MCT Indices Report shows a 20.9% increase in mortgage lock volume in February compared to the previous month. This month’s increase comes against a backdrop of rising interest rates, a robust jobs market, and a stronger-than-predicted CPI report. Despite the prevailing market conditions,Read more…

MCT is Ready to Assist with Your Q1 MSR Portfolio Valuation
The first quarter is quickly wrapping up. With the continued volatility in the market, it has become increasingly important to obtain third party MSR valuations in order to make well-informed risk management decisions. The majority of our clients have increased their frequency and transitioned to quarterly reviews, and in some cases monthly. If you need any assistance in preparing your data or have questions on your MSR portfolio let us know if we can help… Read More…

MCT’s Jennifer Kennelly, CMB®, AMP, Named to 2024 Mortgage Lending Women of Inspiration by NMP
Jennifer Kennelly, CMB®, AMP, Senior Director of Investor Services at MCT, has been honored as one of the Mortgage Lending Women of Inspiration for 2024 by National Mortgage Professional magazine. This prestigious recognition celebrates women who have made significant contributions to the mortgage lending industry through their groundbreaking achievements, innovative approaches, and inspirational leadership… Read More…

$176 Million California FNMA A/A Servicing Offering
MCT's MSR team actively supports portfolio managers with structuring and executing bulk servicing transactions. We are proud to bring the following deal to market: 4.044% weighted average note rate, all loans are fixed rate, and $159,579 average loan balance, and more… Read More…

Miss previous issues of MCT Star? You can read them here.

Whitepapers & Webinars
Industry Webinar – Moving to Mandatory Loan Sales
When mortgage bankers sell their loans on the secondary market, most begin using the best efforts loan sale delivery method. As volume begins to pick up, mandatory loan sale delivery becomes attractive for the increased profits… but how do you manage the risk? Register for webinar…
Upcoming Events & Conferences
New year, new opportunities. We are gearing up for another year of meeting you at the various conferences. Let’s talk!
Event Date Location Meet with Us
MBA of Great River Great River Conference – Tennessee April 16 – 18, 2024 Memphis, TN ★ Book a Meeting
MBA Secondary and Capital Markets Conference and Expo May 19 – 22, 2024 New York, NY ★ Book a Meeting
MBA of NJ Regional Conference June 4 – 7, 2024 Atlantic City, NJ ★ Book a Meeting
IMN Summer Mortgage Servicing Rights Forum June 25 – 26, 2024 Dallas, TX ★ Book a Meeting
Keep an eye on the Event Calendar for more information. We hope to see you soon!

View MCT’s Event Calendar

Did You Know?

MCT Exchange 2024 is described as…

"Impactful – Powerful – Amazing." 

"Informative, necessary and excellent."

"A great focus on capital markets by the best innovators and minds in the business. Hands down my favorite event to annual in the industry." 

Hearing about the immense value MCT Exchange brings to our clients and partners fills us with immense pride. Our dedication to being your reliable capital markets ally doesn't stop at the conference, it's a year-round commitment!

Did you attend MCT Exchange? Let us know your thoughts or contact us to learn more if you would like to attend next year!