MCT⭐Star Newsletter: September 2022, Issue 18


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

MCT Star September 2022: Eleven

What significance does the number 11 have with MCT? No, it’s not related to Stranger Things (which has its own Eleven significance, but this isn’t what the newsletter is about).

Eleven is the number of years that MCT has been honored to be chosen for the Inc 500 Fastest Growing Company award. 

“MCT is delighted to be recognized, once again, as one of the most successful independent, small, and midsized businesses in America”, said Curtis Richins, President, and CEO of MCT. “It is our 11th time winning this prestigious award in nearly as many years, and all the credit should be attributed to our dedicated, intelligent, and caring team members who go above and beyond each day for our clients”

Not only have the companies on the 2022 Inc. 5000 been highly competitive within their respective markets, but this year’s list also proved especially resilient and flexible given the unprecedented challenges these past few years. Among the 5,000 companies honored in 2022, the average median three-year growth rate was 230%, and the total revenue was $317.6 billion. Together, those companies added more than 1,179,282 jobs over the past three years.

MCTlive! Lock Volume Indices: July 2022 Rate Lock Data
We are pleased to present to you the July MCTlive! Rate Lock Indices, a snapshot of rate lock volume activity in the residential mortgage industry. MCT’s rate lock activity indices are based on actual locked loans, not applications…Read more…

MCT Blog: Top 5 MSR Takeaways in the Current Market
With uncertainty surrounding the direction of both interest rates and prepayment speeds, and thus MSR values, many have started to look at their MSR strategies more diligently to mitigate risk and raise profit…Read more…

The MCT Review: Market Commentary Week of August 5, 2022
The non-farm payrolls figure released this morning came in at 528,000 for July, well above the survey estimate of 250,000. The market has sold off in reaction and a 75-basis point Fed hike in September is now expected from the upcoming FOMC meeting…Read more…

Paul's Tip of the Week – MCTlive! Client Profile Tab
MCT’s award-winning capital markets platform, MCTlive! now contains a Client Profile tab to provide some basic information in an easy to access spot …Read more…

Improve Your Efficiency with MCT's Rapid Commit for Fannie Mae
MCT clients utilizing MCT's Rapid Commit for Fannie Mae integration save on average up to five hours per month. From 2019 to 2021, these integrations and efficiencies helped contribute to a 609% increase in volume through Rapid Commit…Read more…

The MCT Review: Market Commentary Week of August 12, 2022
Last week’s U.S. employment figures pointed to a continued strengthening job market while this week saw a spate of softer-than-expected inflation data, but the 10-year Treasury yield closed each week at the same level. Mortgage rates, however, …Read more…

MCT First to Integrate with Freddie Mac Whole Loan Purchase Advice Seller API
This API connection allows MCT Mark-to-Market and Hedge Accounting Reports to be updated with Freddie Mac purchase data directly, instead of waiting to run reports through a Loan Origination System (LOS)…Read more…

The MCT Review: Market Commentary Week of August 19, 2022
This week saw talk of Wells Fargo scaling back its mortgage division (possibly greatly exaggerated), MBA mortgage applications dropping to a 22-year low, and U.S. retail sales resiliently remaining flat despite a drop in gasoline prices, though the biggest story was Ginnie Mae and FHFA releasing…Read more…

Press Release: Mortgage Women Magazine Names Natalie Arshakian as a Mortgage Star
Mortgage Capital Trading, Inc. (MCT®) is proud to announce that Natalie Arshakian has been selected by National Mortgage Professional’s Mortgage Women Magazine to its annual 2022 Mortgage Star Awards. …Read more…

The MCT Review: Market Commentary Week of August 26, 2022
Even though actions speak louder than words, traders this week remained hesitant to make any huge bets ahead of Fed Chairman Powell’s speech today in Jackson Hole. Amid early signs of a housing slowdown and fears of a recession…Read more…

Whitepapers & Webinars

MCT & Freddie Mac Present: MSR Management in a Volatile Market
In this two-part video series, Freddie Mac and MCT’s MSR division team up to discuss strategies for managing a MSR portfolio in a volatile market. In the series, the panel provides guidance on granular pricing decisions…Read more… 

Upcoming Events & Conferences

Events and conferences are slowly making a comeback after two years of uncertainty. See where MCT is heading and schedule a meeting with us. We would love to catch up!
Event Date Location Meet with Us
MBA NJ Mid-Atlantic Conference of Mortgage Bankers and Brokers (Residential Portion) 10/18 – 10/20 Atlantic City, NJ ★ Schedule a Meeting
MBA Annual Conference and Expo 10/23 – 10/26 Nashville, TN ★ Schedule a Meeting
IMN MSR Conference 11/14 – 11/15 New York, New York ★ Schedule a Meeting

Schedule a meeting with us today. We would love to connect. Want to see other events industry events? Visit our event calendar!

View MCT’s Event Calendar

Did You Know?

MCT has integrations with both Agencies to automate the write-back of Purchase Advice data.

You can now save significant time and improve accuracy by automating this important step in the loan sale process. Watch yesterday’s webinar recording with Fannie Mae (add link) and reach out to us to start a conversation about leveraging these new tools for your business.

Benefits of Fannie Mae Webinar