MCT Wins PROGRESS in Lending Association’s 2018 Innovation Award

MCT Wins PROGRESS in Lending Association’s 2018 Innovation Award

SAN DIEGO, Calif, April 18, 2018 – PROGRESS in Lending Association presented MCT with its annual Innovation Award for the rapid adoption and impact of its Bid Auction Manager™ (BAM) within the whole loan trading market. Judges scored applications using a weighted scale that focuses on each innovation’s overall industry significance, originality, positive change on the industry, intangible efficiencies gained, and hard return on investment.