MCT⭐Star Newsletter: September 2023, Issue 30

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

MCT Star September 2023 – The Next Big Thing

Did you hear? MCT is excited to announce the appointment of Steve Pawlowski to Managing Director, Head of Technology Solutions.

Mr. Pawlowski will be responsible for expanding upon MCT’s proven record of driving efficiency and liquidity in the secondary market.

“Steve’s technology leadership while at Fannie Mae heralded a new era of capital markets transparency to the lender,” said MCT’s COO, 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.”

Articles & Press Releases

Update for the Current MSR Market
Mortgage rates and most indices remained somewhat volatile during the month of July. However, mortgage rates managed to end the month higher than 6/30/2023 levels by about 20 basis points… Read more…

July’s Mortgage Lock Volume Flat Amongst Rising Rates in Latest MCT Indices Report
The relatively flat change in volume is likely attributed to seasonal momentum through Summer. “While July’s mortgage lock volume remained relatively flat, mortgage rates continued to climb.. Read more…

Press Release: MCT Appoints Steve Pawlowski Head of Technology Solutions to Continue Industry-Changing Innovation
“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…

MCT Trader Minute Video: “At the Money”
One of our main goals is to continuously provide insightful and educational content to assist in our clients’ understanding of the industry. So whether these terms are brand new or you could use a brush-up, watch the video below! … Read More…

MCT Trader Minute Video: “Bid Ask Spread”
It’s time to get back to basics or learn something new. Our new video series, MCT Trader Minutes, highlights MCT traders explaining popular secondary mortgage market terms and phrases in one minute… Read More…

MCT Trader Minute Video: “Assignment of Trade (AOT)
In this video, MCT’s CMO, Ian Miller, provides an explanation of fundamental concepts related to AOT executions… Read More…

A Message on MSR Sales & Brokerage 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 MSR portfolio sales and brokerage… Read More…

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

Whitepapers & Webinars

Register for MCT University: 2023 Sessions Dates: 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 Whitepaper: Optimizing Your Best Execution Loan Sale Analysis
In any market scenario, it is crucial for lenders to analyze best execution options to maximize profitability. Determining what execution is most efficient and profitable will have a big impact on your bottom line. …Read more…

Case Study: Vellum Mortgage Improves Profitability & Efficiency with MCT
In this case study, Ashley Puckett, Senior Capital Markets Analyst at Vellum Mortgage, describes how MCT improved efficiency across her team at Vellum Mortgage and helped find new investors for them…Read more…

MCT Whitepaper: Getting Started with Agency Approvals
This whitepaper outlines why having a Fannie Mae, Freddie Mac, or Ginnie Mae approval adds value to a mortgage company or depository and offers some important tips on how to obtain that valuable approval…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 University is Back for Another Session

Our widely popular MCT University is back with a great lineup of sessions that matter to you, such as Pull-Through: Basics and Back Testing and Duration & Convexity Explained. We are excited to bring a whole new lineup of presenters for this client exclusive webinar series.  

MCT University: 2023 Session Schedule:

  • 08/29 – Pull-Through: Basics & Back-Testing | Sarah Hellman & Cody Echols
  • 09/12 – Duration & Convexity Explained | Ben Itkin & Andrew Rhodes
  • 09/26 – MSR Strategy: Setting & Updating to the Market | Azad Rafat, David Burruss, & Bill Shirreffs
  • 10/10 – Exploring Agency Approvals and New Co-issue Executions | Jennifer Kennelly & Justin Grant
  • 10/24 – Analyzing & Optimizing Your TBA Execution | Paul Yarbrough, Sam Farmer, ft. Greg Vacura, Agile Trading Technologies
  • 11/14 – Data Integrity and Data Consistency | Kristen McCarthy, Chris Barnes, & Miguel Nava-Tapia

Contact your sales director to learn more.