Mortgage Capital Trading, Inc. (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, announced that it has automated the process of digital TBA trade assignment during the loan sale process for both mortgage lenders and participating correspondent investors.
MCTlive! Mortgage Lock Volume Indices covers the period from March 1 through March 31, 2023, and represents a broad and balanced cross section of several hundred lenders of various sizes and business models in the mortgage industry across retail, correspondent, wholesale, and consumer direct channels.
MCT® was announced as a 2023 HousingWire Tech100 Mortgage Winner. The Tech100 Mortgage Award recognized the most innovative and impactful technology companies serving the mortgage industry and forever changing the home sales process.
BSI Financial Services (BSI) has become the latest investor to join BAMCO, MCT’s new marketplace for co-issue loan sales. BAMCO brings co-issue transactions directly into MCT’s whole loan trading platform and improves price transparency by connecting unapproved sellers to live executions from potential buyers.
MCTlive! Mortgage Lock Volume Indices covers the period from February 1 through February 28, 2023, and represents a broad and balanced cross section of several hundred lenders of various sizes and business models in the mortgage industry across retail, correspondent, wholesale, and consumer direct channels.