SAN DIEGO, CA, March 30, 2022 – Mortgage Capital Trading, Inc. (MCT®), a recognized industry leader in mortgage risk management providing pipeline hedging, best execution loan sales and centralized lock desk services, announced today that Ben Itkin has been appointed the new National Sales Director. Mr. Itkin will leverage his hands-on experience from his previous senior roles at MCT to now lead an expanded MCT sales team.
Mr. Itkin assumes an important leadership position that ensures MCT will continue to grow its “in the field” presence and continue to provide industry-leading client experience to over 350 lenders. Itkin’s appointment is part of a larger company investment in client-facing resources which now includes six Sales Directors, four Capital Markets Technology Advisors and three Regional Account Executives.
“Seeing Ben in this role is exciting because he is widely known and widely respected throughout our industry,” said Curtis Richins, MCT’s President and CEO. “Ben is charismatic, insightful, solutions-focused, and people love doing business with him.”
The expanded sales team Mr. Itkin now leads is part of MCT’s ongoing commitment to client engagement and delivering the best client experience in the industry. Ben and his team will be focused on further expanding the use of MCTlive!, the industry’s most widely used capital markets platform, while also accelerating the uptake of some of MCT’s more recent technology innovations, including MSRlive!, a proven software offering for the valuation and management of mortgage servicing rights, and BAM Marketplace, a whole loan digital market place for buyer and sellers of whole loans.
“Even though we are coming into a much softer market than we have seen in many years, growth is still the expectation here and I look forward to continuing MCT’s upward trajectory,” said Itkin. “We have a very talented, and experienced sales team and I am excited about their ability to help our clients succeed in this challenging market.”
Mr. Itkin brings nearly 30 years of experience in the mortgage industry and 11 years of experience at MCT. He is highly regarded in the mortgage industry, and has deep subject matter expertise in all areas of mortgage capital markets including whole loan pricing, pipeline risk management, best execution loan sales. Prior to MCT, Itkin ran the Negotiated Trade Desk and Countrywide and Bank of America. Mr. Itkin holds an MBA from California State University, Northridge and is an active member of the Mortgage Bankers Association.
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, Santa Rosa, Los Angeles and Dallas. 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 https://mct-trading.com/ or call (619) 543-5111.
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Mortgage Capital Trading