Autonomous Hedging & Loan Sales

OpenClose and MCT Complete New Integration to Optimize Loan Hedge Positions for Lenders

OpenClose and MCT Complete New Integration to Optimize Loan Hedge Positions for Lenders

PALM SPRINGS, Calif., Jan. 23, 2017 – Independent Mortgage Bankers Conference – OpenClose® an enterprise-class, multi-channel loan origination system (LOS) provider, and Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing technology firm, jointly announced they developed an integration that eliminates manual intervention and streamlines the delivery of loan data

Curtis Richins – 2016 HW Vanguard Award Winner

Curtis Richins – 2016 HW Vanguard Award Winner

SAN DIEGO, Calif., Dec. 21, 2016 (SEND2PRESS NEWSWIRE) — Curtis Richins, has been designated to HousingWire’s Vanguard Award list for 2016 as the program recognizes executives that have made a positive impact at their companies and for the entire mortgage industry.

Prepayments in Servicing Valuation

Prepayments in Servicing Valuation

Predicting prepayments is arguably the most difficult aspect of modeling the value of servicing, but there are a few tactics and best practices we recommend. Just like the channel 5 weatherman or the careful calculations of a rocket scientist, you can have a wealth of...

Late Fee Revenue in Servicing Valuation

Late Fee Revenue in Servicing Valuation

How is the expected late fee income determined? What is the importance of late fee revenue in servicing valuation? What does it take to strategically balance mortgage rights servicing costs with projected late fee revenue to drive maximum profitability? The myriad of...