Press Releases

As we continue to shape the mortgage industry through leadership and education, MCT has much to show for. We have acquired success through our ability to innovate and inspire and constantly are proving to be leaders through our consistent high involvement in the mortgage industry community. Stay up to date on our employee accomplishments, award recognitions, new product launches, and all things MCT.

MCT Awarded HW Tech100 Mortgage Award for the 5th Consecutive Year

MCT Awarded HW Tech100 Mortgage Award for the 5th Consecutive Year

Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, was announced as a 2024 HousingWire Tech100 Mortgage Winner for the 5th consecutive year. For more than a decade, HousingWire’s Tech100 program has identified and recognized the most innovative technology companies serving the mortgage and real estate industries.

Seasonal Lows Contribute to 13.71% Drop in Mortgage Volume

Seasonal Lows Contribute to 13.71% Drop in Mortgage Volume

Mortgage Capital Trading, Inc. (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, revealed today a 13.71% decline in mortgage lock volume compared to the previous month. To gain comprehensive insights into the market dynamics, industry professionals and enthusiasts are invited to download the complete report.

Monthly Mortgage Volume Decreases 10.7% in Latest MCT Indices Report

Monthly Mortgage Volume Decreases 10.7% in Latest MCT Indices Report

Mortgage Capital Trading, Inc. (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, today announced a 10.7% decrease in mortgage lock volume compared to the previous month. This revelation comes as part of MCT’s monthly Lock Volume Indices report, offering valuable insights into the dynamic landscape of the residential mortgage industry.

MCT’s Cara Krause Honored with the Powerful Women of Mortgage Banking Award by Mortgage Banker Magazine

MCT’s Cara Krause Honored with the Powerful Women of Mortgage Banking Award by Mortgage Banker Magazine

– Mortgage Capital Trading, Inc. (MCT), the de facto leader in innovative mortgage capital markets technology, announced that Cara Krause, VP, Northeast Regional Sales, has been selected as one of the Powerful Women of Mortgage Banking 2023 by Mortgage Banker Magazine. The annual awards recognize successful women who are shattering the glass ceiling and making significant impact in the industry.

Monthly Mortgage Lock Volume Increases 31% in Latest MCT Indices Report

Monthly Mortgage Lock Volume Increases 31% in Latest MCT Indices Report

MCTlive! Mortgage Lock Volume Indices covers the period from June 1 to June 30, 2023, and represents a broad and balanced cross section of several hundred lenders of various sizes and business models in the mortgage industry across retail, correspondent, wholesale, and consumer direct channels.

MCTlive! Lock Volume Indices: May 2023 Data

MCTlive! Lock Volume Indices: May 2023 Data

MCTlive! Mortgage Lock Volume Indices covers the period from May 1 through May 31, 2023, and represents a broad and balanced cross section of several hundred lenders of various sizes and business models in the mortgage industry across retail, correspondent, wholesale, and consumer direct channels.

BSI Financial Joins MCT’s Co-Issue Marketplace

BSI Financial Joins MCT’s Co-Issue Marketplace

BSI Financial Services (BSI) has become the latest investor to join BAMCO, MCT’s new marketplace for co-issue loan sales. BAMCO brings co-issue transactions directly into MCT’s whole loan trading platform and improves price transparency by connecting unapproved sellers to live executions from potential buyers.

MCT First to Integrate with Freddie Mac’s Income Limits API

MCT First to Integrate with Freddie Mac’s Income Limits API

MCT is pleased to announce it is the first secondary marketing platform to integrate with Freddie Mac’s Income Limits application programming interface (API) created for the first-time home buyer area median income (AMI) limits. Income Limits allows for the accurate pricing of Credit Fee in Price (Exhibit 19, or “Credit Fees”) waivers. This is the latest in a series of successful API integrations between MCT and Freddie Mac, and helps promote both pricing transparency and housing affordability.

Phil Rasori Named Industry Titan by NMP

Phil Rasori Named Industry Titan by NMP

MCT COO Phil Rasori was named to National Mortgage Professional Magazine’s Industry Titans list for 2023. NMP recognizes the key players who have dedicated their expertise and years of experience to the mortgage business, and represent the industry with professionalism and pride.

Justin Grant Named to NMP’s 2022 40 Under 40

Justin Grant Named to NMP’s 2022 40 Under 40

Justin Grant, was recognized by National Mortgage Professional Magazine’s (NMP) for his industry accomplishments, landing him on the 2022 ‘Top 40 Most Influential Mortgage Professionals Under 40’ list.

MCT’s Azad Rafat Named 2022 Tech Trendsetter by HousingWire Magazine

MCT’s Azad Rafat Named 2022 Tech Trendsetter by HousingWire Magazine

Azad Rafat, MCT’s Senior Director of MSR Services, has been selected as a 2022 HW Tech Trendsetter. Azad is credited with driving innovation in the housing market specifically with his work on MCTlive! 2.0, a new software update to the original MSRlive! MSR software trading platform and portfolio system.

MCT Launches BAMCO: Co-issue Loan Sale Marketplace for Shadow Pricing and Unique Executions

MCT Launches BAMCO: Co-issue Loan Sale Marketplace for Shadow Pricing and Unique Executions

MCT announced the release of BAMCO, a new marketplace for co-issue loan sales. Co-issue loan sales, also known as flow-based mortgage servicing rights (MSR) sales, are a three-way transaction involving the sale of loans to one of the agencies with a simultaneous sale of the MSRs to a separate third party. BAMCO brings co-issue transactions directly into MCT’s whole loan trading platform and improves price transparency by connecting unapproved sellers to live executions from potential buyers.