MCT⭐Star Newsletter: August 2023, Issue 29


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

MCT Star August 2023 – MCT is a Platinum Sponsor at the Western Secondary Conference!

We're thrilled to announce that MCT is a proud Platinum Sponsor at the upcoming Western Secondary Conference from 8/21 – 8/23. We would love to connect with you during the event and discuss your goals. Schedule a meeting with us!

We are also honored to have been invited to speak at the conference. Join us on Tuesday, August 22, at 9:15 am in Pacific Ballroom 2. Our very own Phil Rasori will be part of a panel discussing "Capital Markets in the New World." The panel will provide market commentary on key drivers in the capital markets space given the changing market conditions. The session will also focus on how the current landscape in 2023 differs from the environment in 2020, 2021, and even 2022.  
We can't wait to see you at the Western Secondary Conference!

Articles & Press Releases
Update for the Current MSR Market
Mortgage rates and most indices remained relatively volatile during the month of June. However, mortgage rates managed to end the month close to 5/31/30 levels, while float income rates increased by about 22 bps by 6/30… Read more…

Monthly Lock Volume Increases 31% in Latest MCT Indices Report
July's MCT Indices Report shows a 31% increase in mortgage lock volume in the month of June after a 15% drop in May's total lock production… Read more…

MCT & Mr. Cooper Whitepaper: Getting Started with Co-Issue Transactions
As the market moves through different cycles, lenders continuously evaluate whether to retain or release mortgage servicing rights as part of their overall strategy. The objective of this whitepaper is to simply dispel the myths of co-issue transactions. … Read More…

Job Alert: Senior Capital Markets Technology Advisor
Are you interested in changing our industry for the better? Do you have what it takes to join the top-rated client service team in mortgage technology? … Read More…

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

Whitepapers & Webinars
Recommended Webinar: MBS Pooling Overview, Market Dynamics, & Best Practices
Are you wondering what the Fed decision means for rates and the mortgage market? Register for a new webinar on August 9th at 11AM PT hosted by our partner, Agile Trading Technologies, to find out…Read more…
Upcoming Events & Conferences
We are excited to meet with you at any of the conferences below.
Event Date Location Meet with Us
CMBA Western Secondary August 21 – 23 Dana Point, FL ★ Schedule a Meeting
MBA Annual October 15 – 18 Philadelphia, PA ★ Schedule 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?

We onboarded NHB Bank in just 10 Days!

We sat down with NBH Bank and they described their process of getting started with MCT. With the support of multiple teams, NBH Bank was able to get mortgage pipeline hedging and best execution loan sales up and running in just ten days.

“MCT exceeded our expectations for this onboarding process. We were in a compromised position with our previous hedge provider and needed to get this done quickly." – Ajay Timothy, Vice President | Director of Secondary and Capital Markets, NBH Bank

View the case study to learn how MCT was able to get NBH Bank running in just 10 days.