MCT Marketplace Opt-In Form
MCT is facilitating whole loan liquidity between clients with a new program called MCT Marketplace. There is no additional cost for MCT hedging clients and no change to your current Best Execution process. Submit your seller opt-in below to start the process.
MCT Marketplace Process Flow – Sell Side
- Bid tapes are posted using the normal process
- Sell side lender will “approve” potential buyers to view bid tape
- Production shown to MCT Marketplace will be preselected by seller
- Current tranches will include Program, FICO, LTV, Purpose, Occupancy
- MCT Marketplace Investor Bids will be clearly highlighted in Best Ex
- Usage of MCTlive! Adverse BPS (Love/Hate) functionality will be critical
- Sell side contact info will be transferred at time of commitment request
- Buyer will need to confirm – buyer-seller communication is paramount
- Buyer and Seller execute Buyer MLPA bilaterally (and in most cases a short application) and complete loan sale