MCT Star December 2023 – 'Tis the Season

Navigating challenges during a mortgage downturn may appear daunting, but the key lies in perspective when approaching the situation. MCT recently reached out to a few friends and colleagues, seeking their opinions and insights on this pressing question.

What gets you through down turns in the mortgage market?

“It feels like every three to five years, maybe six, the market goes down or up. The main thing is that you always have to swim, that’s what we do. We’re great swimmers in the mortgage industry. You also must stay positive and you must stay in touch; in touch with reality and in touch with your people.”

– Paul Campbell, EVP Lending, Kwik Mortgage Corporation

We were inspired by their responses to our questions. View the video below to learn what they had to say.

MCT’s Cara Krause Honored with the Powerful Women of Mortgage Banking Award by Mortgage Banker Magazine
MCT announced that Cara Krause, Vice President, Regional Director, Northeast., has been selected as one of the Powerful Women of Mortgage Banking 2023 by Mortgage Banker Magazine. The Read more…

Update for the Current MSR Market
Mortgage rates and most indices continued their ascent during the month of October. Mortgage rates managed to end the month higher than 9/30/2023 levels by about 40 basis points… Read more…

Mortgage Volume Continues Downward Trend in Latest MCT November Indices Report
Loan originations for October continued to dip as mortgage rates hovered around 8% and lack of housing supply continues to slow origination volume. Read More…

MCT Trader Minute Video: "Duration"
In this video, MCT Junior Trader, Sooyeon Noh, provides an explanation of fundamental concepts related to duration. Read More…

MCT Trader Minute Video: "Call Option"
In this video, MCT Senior Trader, Drew Thornhill, provides an explanation of fundamental concepts related to call options. Read More…

$1.1 Billion Texas/Southeast FNMA/GNMA 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… Read More…

Update for the Current MSR Market
Mortgage rates and most indices reversed course and erased all of October gains during the month of October. Mortgage rates managed to end the month lower than 10/31/2023 levels by about 48 basis points, while float income rates managed to drop about 30-40 basis points below 10/31/2023 levels. Read More…

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

Whitepapers & Webinars

MCT and Freddie Mac Webinar Recording: Current Economic and Housing Outlook, Affordable Lending Strategies and Technology Solutions
View the recording and download the slide deck from this webinar to learn from Freddie Mac’s Ajita Atreya and Mia Jones, along with MCT’s Paul Yarbrough about identifying affordable lending and potential mortgage pricing for borrowers. Read more…

MCT Industry Webinar Recording: Maximize Loan Trading Profits with MCT Marketplace
Watch the recording as MCT's Phil Rasori, Paul Yarbrough, and Justin Grant provide a practical guide to maximizing your loan trading profits during a one-hour webinar. You'll leave ready to analyze performance and make actionable changes to boost profitability. Read more…

Upcoming Events & Conferences

New year, new opportunities. We are gearing up for another year of meeting you at the various conferences. Let’s talk!

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 Marketplace is liquidity.

We connect buyers and sellers in a unique, digital auction regardless of counterparty approval status. Through our patent-pending technology, sellers have access to the most robust set of take-outs, while buyers are seamlessly connected to the largest community of sellers in the U.S.