MCT⭐Star Newsletter: May 2024, Issue 38



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

MCT Star May 2024 – We’re Moving!

For the past decade, our headquarters at 350 Tenth Ave., Suite 850, has been more than just our office; it’s where we built our company and cultivated our culture. It’s been a backdrop to the daily lives and careers of many dedicated staff members. Though we are nostalgic about leaving, we are excited about our new location just a short distance away. We are happy to share that our new office at 406 9th Avenue, Suite 314, San Diego, CA 92101, still offers a fantastic view and maintains the excellent company atmosphere we all cherish. 

New Address:

Mortgage Capital Trading, Inc.

406 9th Avenue, Ste 314

San Diego, CA 92101

Articles & Press Releases

MCT Bulk MSR Brokerage Deal – $200 Million
MCT’s MSR team actively supports portfolio managers with structuring and executing bulk servicing transactions. In conjunction with our strategic partner, The Prestwick Mortgage Group, MCT is currently evaluating bids on this bulk MSR transaction. Read more…

Update for the Current MSR Market
Mortgage rates and some rate indices have eased back from their highs recorded at the end of February, still closing the month of March with robust gains over end of the year levels. Mortgage rates managed to end the month of March with a decline of about thirty-one (31) basis points. Read more…

MCT Reports a 15% Lock Volume Increase Heading into Buying Season
April’s MCT Indices Report shows a 15.36% increase in mortgage lock volume in March compared to the previous month. Despite facing headwinds of increasing rates, mortgage lock volume continues its upward trajectory as we enter the buying season. Read More…

MCT Exchange: View the Conference Recap
It was wonderful seeing everyone in what is becoming a consistently rainy San Diego for this year’s MCT Exchange! We hope you enjoyed the general sessions, a keynote from MBA’s Mike Fratantoni, as well as the roundtables and breakout sessions! Read More…

Scratch & Dent and Nonperforming Loan (NPL) Solutions
Even correspondent originators with the most seasoned operational staff and comprehensive manufacturing processes find themselves forced to deal with the occasional “broken loan”. With the current market sell off in progress, it may be a good time to get such loans off your books while liquidity is still holding. Read More…

Q2 2024 Housing Market Predictions
Will the housing market crash in 2024? Are home prices going to drop in 2024? Will mortgage rates go down in 2024? Read this 2024 market predictions article for an analysis of 2024 and predictions for the 2025 housing market. 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 sold their loans on the secondary market, most began using the best efforts loan sale delivery method. As volume began to pick up, mandatory loan sale delivery became attractive for the increased profits… but how did they manage the risk? Watch the recording…

Industry Webinar: Complete Best Execution – Now Including Fully Integrated Retain/Release MSR Decisioning

In the webinar, MCT’s MSR team reviewed the current state of the MSR market and discussed more comprehensive retain vs. release strategies, in addition to our recently introduced fully integrated Enhanced Best Execution (EBX) solution. Watch the recording…

Recommended Webinar: Managing Margin Calls Before & After FINRA 4210

In the latest webinar in Agile’s Trader Talk series, a group of expert panelists provide recommendations and commentary on the upcoming implementation of amendments to FINRA Rule 4210. Register for the webinar scheduled for May 2nd at 11AM PT hosted by our partner, Agile Trading Technologies. Register for the Webinar…

Upcoming Events & Conferences
Let’s meet up at one of the conferences below. We would love to share new opportunities with you.
Event Date Location Meet with Us
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?

About Enhanced Best Execution…

Did you miss it? MCT recently presented on achieving complete Best Execution through more granular MSR values. We reviewed the current state of the MSR market, and explored more comprehensive retain vs. release strategies. This lead into the newly introduced fully integrated Enhanced Best Execution (EBX) solution. Watch the recording for a full presentation.