MCT Star August 2024 – Back to Basics
As we move through the second half of 2024, it feels like a great time to get back to basics and review fundamental concepts related to the secondary market.
In an upcoming webinar focused on MSR principles, MCT’s MSR experts, Bill Shirreffs, Azad Rafat, David Burruss, and Natalie Martinez will provide MSR insights, elaborate on their advantages and disadvantages, describe the difference between fair, market, and economic value, and give a current market update.
Register for this upcoming webinar on August 15th at 11AM PT entitled MSR 101: Reviewing MSR Principles, Advantages & Disadvantages, & Key Portfolio Valuation Drivers.
Preserve Margins and Improve Pricing with the Base Rate Generator
In this video, Mr. Barnhill shows step by step how to utilize all the elements of the Base Rate Generator with a demo recording so you can really get a look inside this new technology. Watch the video to see what Mr. Barnhill says about the Base Rate Generator. Read More…
The MCT Difference with MCT Client Brian Gilpin
Brian Gilpin, CFO and Head of Capital Markets at Embrace Home Loans, sits down to discuss his experience switching to MCT and the level of customer service. Watch Now…
Introduction to Mandatory Loan Sale Delivery
In this post, we will provide an overview for implementing mandatory loan sale delivery and how mortgage bankers are able to improve profitability through this transition from best efforts. Read More…
MCT Reports an 8% Mortgage Lock Volume Decrease in Latest Indices Report
Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced today a decrease of 7.84% in mortgage lock volume compared to the previous month. This decline follows a brief uptick in volume at the beginning of the buying season, suggesting a continuing stalemate between limited housing supply and higher interest rates. Read More…
MSR Market Monthly Update – July 2024
Mortgage rates and some rate indices have experienced a healthy recovery from their lows recorded at the end of February, closing the month of April with robust gains over their end of the year levels. Mortgage rates managed to end the month of April with an increase of about fifty-two (52) basis points, while float income rates have increased by an average of thirty (30) basis points since the end of March. MSR portfolio holders should expect a moderate value recovery in the range of two to six (2-6) basis points from the end of March. However, those increases will vary depending on portfolio vintages and other portfolio characteristics such as Agency and GNMA mix. The downrate risk and its potential impact on MSR values will persist as we navigate through 2024. Read More…
MCT Whitepaper: Mortgage Pipeline Hedging 201
In this whitepaper, various hedging instruments will be explored, baseline inputs used in mortgage pipeline hedging will be examined, and recent industry advancements that have reshaped the hedging landscape will be discussed. Data integrity remains crucial to maximizing opportunities in hedging, and its importance will be emphasized throughout the discussion. Download the Whitepaper…
MSR 101: Reviewing MSR Principles, Advantages & Disadvantages, & Key Portfolio Valuation Drivers [MCT Industry Webinar]
In this webinar, MCT’s MSR experts, Bill Shirreffs, Azad Rafat, David Burruss, and Natalie Martinez will provide MSR insights, elaborate on their advantages and disadvantages, describe the difference between fair, market, and economic value, and give a current market update. Register Now…
|
MCT has a Hedging 201 Whitepaper to Build Foundational Secondary Market Knowledge.
In this whitepaper, we explore various hedging instruments and baseline inputs used in mortgage pipeline hedging, plus discuss recent industry advancements that have reshaped the hedging landscape.
Data integrity remains crucial to maximizing opportunities in hedging, and its importance will be emphasized throughout the discussion.
Topics Include:
- Hedging Instruments Explained
- Typical Inputs of a Hedge Model
- Calculating Hedge Recommendations Based on Pipeline Data
- Managing a Hedged Mortgage Pipeline Over Time
- Predicting Change of a Hedged Mortgage Pipeline
- The Changing Landscape of Pipeline Hedging
