Phil Rasori of MCT to Speak on Panel Session at MBA Annual Convention on TBA Margining
SAN DIEGO, Calif., Oct. 14, 2014 – MCT Trading, Inc. (MCT), a recognized leader in mortgage pipeline hedging, loan sale execution and risk management services, announced that its COO, Phil Rasori, will be speaking on a panel session at the 101st MBA Annual Convention entitled Margining Your Future.
The panel is being held at the Mandalay Bay in Las Vegas, Nevada on Tuesday, October 21 from 3:30 p.m. to 4:30 p.m. PDT.
This panel will hold a discussion on the background of the Treasury Market Practices Group (TMPG) and their recommendation to margin To Be Announced trades (TBAs). Attendees will learn about the scope of their recommendations, future TMPG initiatives, and FINRA’s proposed rule on TBA margining. Panelists will also discuss the end user exemption from maintenance margin for mortgage bankers and expectations of risk monitoring for broker dealers.
Session Moderator:
Daniel McPheeters
Assistant Director, Secondary and Capital Markets
Mortgage Bankers Association
Session Speakers:
Phil Rasori
Chief Operating Officer
Mortgage Capital Trading, Inc. (MCT)
William R. Godfrey
Executive Vice President, Capital Markets
Mason-McDuffie Mortgage Corporation
Jorge Kalb
Managing Partner
Atlas One Financial
Session Information:
Title: Margining Your Future
Date: Tuesday, October 21, 2014
Time: 3:30 p.m. to 4:30 p.m. PDT
Location: Mandalay Bay Ballroom L
About Mortgage Capital Trading
MCT Trading is a risk management and advisory services company providing independent analysis, training, hedging strategy and loan sale execution support to clients engaged in the secondary mortgage market. Founded in San Diego, California in May 2001, the company has expanded to include field sales and support offices in Philadelphia, Dallas, San Francisco and Charlotte. MCT is recognized as a leading provider of mortgage pipeline hedging service and currently supports more than 100 clients on the HALO (Hedging And Loan sales Optimization) Program. MCT also offers a central lock desk service to mortgage bankers that effectively outsources the lock desk function called LockCentral. For more information, please visit mct-trading.com or call (619) 543-5111.
CONTACT:
Ian Miller
Chief Marketing Officer
Mortgage Capital Trading
619-618-7855
pr@mctrade.net