MCT⭐Star Newsletter: October 2023, Issue 31


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

MCT Star October 2023 – MCT is Heading to the MBA Annual

Will you be attending the MBA Annual in Philadelphia, PA? Come meet us at the Pennsylvania Academy of the Fine Arts at 128 N Broad St, Philadelphia, PA 19102. We would love to discuss your goals and share with you some tips on profitability in the current market. Schedule a meeting with our sales team to get started.

In addition, MCT’s MSR team will be on-site for all of your MSR valuation and brokerage questions. Come say hello to David Burruss, MSR Sales Director, and Natalie Martinez, Sr. Manager, MSR Services & Client Success. Review your servicing strategies in the current market with our MSR division such as:

  • Portfolio Valuations and Minimizing Balance Sheet Volatility
  • Strategic Retain vs. Release Decision-Making
  • Effectively Build, Optimize, and Manage Your MSR portfolio with MSRlive!
  • Determining When and Whether to Sell Some or All of Your MSR portfolio
Articles & Press Releases

Mortgage Lock Volume Dips Slightly in Response to Rising Rates in Latest MCT Indices Report
September’s MCT Indices Report shows a slight 4.76% decline in mortgage lock volume over the prior month. Read more…

Update for the Current MSR Market
Mortgage rates and most indices continued their ascension during the first three weeks of August, then retreated by the end of August. However, mortgage rates managed to end the month higher than 7/31/2023 levels by about 9 basis points, while float income rates have been relatively unchanged since 7/31/2023. Read more…

A Message on Portfolio Valuations from MCT’s MSR Team
In this video, Mr. Burruss discusses industry trends and answers the questions that the majority of clients are currently asking him. Watch the video to hear his summary and advice on portfolio valuations. Read More…

MCT Trader Minute Video: “Basis Point”
In this video, another MCT trader, Tyler Perry, provides an explanation of fundamental concepts related to basis points. Read More…

$155 Million Indiana/National GNMA II Servicing Offering
We are proud to bring the following deal to market: • 3.439% weighted average note rate. • All of the loans are fixed rate. Read More…

MCT is Ready to Assist with Your Q3 MSR Portfolio Valuation
The quarter end is upon us. With the continued volatility in the market, it has become increasingly important to obtain quarterly valuations to reduce any surprises at year-end. Read More…

MCT Trader Minute Video: “Fallout”
In this video, another MCT trader, Tara Ha, provides an explanation of fundamental concepts related to fallout. Read More…

MCT Blog: How the 10-Year U.S. Treasury Note Impacts Mortgage Rates
In this article, we will present current mortgage rates and discuss the relationship between mortgage rates and the 10-year Treasury note, to help lenders understand the importance when assessing past, present, or future interest rate movement. Read More…

MCT Named Best Place to Work 2023 by San Diego Business Journal
Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced that it has been named one of the Best Places to Work 2023 by the San Diego Business Journal (SDBJ) in the medium-sized company category (50 – 249 U.S. employees). Read More…

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

Whitepapers & Webinars

Register for MCT University: 2023 Sessions Dates: Ongoing Between August 29 – November 14
MCT strives to provide clients with valuable educational content. Our goal is to help clients achieve their goals through software, services, expertise, and education. Register for this upcoming client-exclusive webinar series as we explore a range of educational topics to help you achieve your goals…Read more…

MCT Webinar – MCT Geocoding & Bid Tape Protection Initiatives
In 2018, MCT launched an initiative to replace property addresses and loan numbers in the loan trading process. Recent headlines show that data security is more important than ever…Read more…

MCT and Freddie Mac Webinar: Current Economic and Housing Outlook, Affordable Lending Strategies and Technology Solutions
Register for this upcoming webinar to join Freddie Mac’s Ajita Atreya and Mia Jones, along with MCT’s Paul Yarbrough for this webinar on Thursday, October 5th, 10-11a.m. PT.Read more…

Upcoming Events & Conferences

We are excited to meet with you at any of the conferences below.

Event Date Location Meet with Us
MBA Annual October 15 – 18 Philadelphia, PA ★ Schedule a Meeting
IMN MSR Conference November 09 – 10 New York, NY ★ 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?

MCT Appoints Steve Pawlowski Head of Technology Solutions

“Steve’s technology leadership while at Fannie Mae heralded a new era of capital markets transparency to the lender,” said Phil Rasori. “MCT is building on that effort in numerous ways, including initiatives to bring back-end pricing closer to the front-end pricing that mortgage borrowers receive. We’re proud Steve will be applying his vision and expertise to MCT Marketplace and other best-in-class software solutions.”… Read More…