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

SAN DIEGO, Calif., Dec. 12, 2022 – Mortgage Capital Trading, Inc. (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, announced that Azad Rafat, MCT’s Senior Director of MSR Services, has been selected as a 2022 Tech Trendsetter by HousingWire. Azad is credited with driving innovation in the housing market specifically with his work on MCTlive! 2.0, a new software update and expansion to the original Mortgage Servicing Rights (MSR) valuation software.

The already extremely successful MSRlive! platform took on a whole new life thanks to Azad’s leadership and his efficiently managed team. Some of the improvements to the MSRlive! software include increased loan processing speed, a new granular grid structure, new investor remittances, expanded loan product discount rates, additional prepayment forecast functionality, and a more precise pricing grid structure for loan capitalization.

Mr. Rafat has leveraged his hands-on experience designing, building, and managing mortgage servicing products to help MCT clients achieve their mortgage servicing goals. In addition to his most recent accomplishment developing MSRlive! 2.0, he has been credited for designing, building, and managing a mortgage servicing and payment cash inflow and outflow platform as well as a mortgage servicing acquisitions and sales trading management platform, a co-issue best execution management application, MSR LOCOMO amortization applications, mortgage servicing data warehouse process, and reporting platforms and mortgage servicing accounting data warehouse management applications.

His expertise comes at a perfect time for MCT clients. As MSR pricing continues to improve and the need for bulk MSR sales increases, Mr. Rafat’s industry expertise has helped ensure clients receive the best price for their bulk MSR sales. Mr. Rafat has over 30 years of experience in the mortgage industry, including over 20 years of extensive experience in all aspects of mortgage servicing rights valuations, analytics, and risk management of servicing portfolios.

“I am very honored to be selected by HousingWire as a recipient of their 2022 Tech Trendsetters award,” said Azad Rafat. “It’s been so enjoyable to work side by side with such a talented and innovative group of people that have helped to contribute to MCT’s continuous growth and success. Winning this award underscores our latest innovations and reinforces our ongoing commitment to mortgage technology.”

“HousingWire has always recognized innovation and technological advancements in the housing industry, but none of those advancements happen without people leading the way,” HousingWire Managing Editor Ben Lane said. “Technology doesn’t simply create itself. People are the driving force behind those innovations. And it’s in that spirit that we proudly honor the visionaries helping to push the housing industry into the future.”

It was a very competitive field for the 2022 HousingWire Tech Trendsetters and the selection committee named 75 winners that have a long list of achievements driving the industry’s digital transformation. The HousingWire program recognizes technology leaders driving innovation in the housing economy. The full list of HW Tech Trendsetters can be found online and winners will also be profiled in the Dec./Jan. issue of HousingWire magazine.

About MCT:
Founded in 2001, Mortgage Capital Trading, Inc. (MCT) has grown from a boutique mortgage pipeline hedging firm into the industry’s leading provider of fully integrated capital markets services and technology. MCT offers an array of best-in-class services and software covering mortgage pipeline hedging, best execution loan sales, outsourced lock desk solutions, MSR portfolio valuations, business intelligence analytics, mark to market services, and an award-winning comprehensive capital markets software platform called MCTlive! MCT supports independent mortgage bankers, depositories, credit unions, warehouse lenders, and correspondent investors of all sizes. Headquartered in San Diego, California, MCT also has offices in Philadelphia, Healdsburg, and San Antonio. MCT is well known for its team of capital markets experts and senior traders who continue to provide the boutique-style hands-on engagement clients love. For more information, visit or call (619) 543-5111.

Media Contact:

Ian Miller
Chief Marketing Officer
Mortgage Capital Trading