SAN DIEGO, Calif., January 17, 2023 – Mortgage Capital Trading, Inc. (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, announced that COO Phil Rasori was named to National Mortgage Professional Magazine’s Industry Titans list for 2023. NMP recognized key players who have dedicated their expertise and years of experience to the mortgage business, and represent the industry with professionalism and pride.
“It is a great honor to be selected by NMP as a recipient of their Industry Titans award,” stated Rasori. “MCT has launched many software solutions and supporting services to drive success for our lender clients. Winning this award underscores our latest innovations and reinforces our ongoing commitment to mortgage technology.”
Mr. Rasori’s nomination was highlighted by the creation and launch of BAM (Bid Auction Manager™), a digital whole loan trading marketplace within MCT’s cloud-based core secondary marketing platform, MCTlive! Since gaining widespread adoption by the investor community, the solution has saved lenders inordinate amounts of time, secured the entire process (which was previously handled via email communications), improved margins, and streamlined bid tape management and best execution loan sale analysis.
More recently, he played a key role in developing a mobile app for MCTlive! that empowers secondary marketing managers to review reporting, manage loan pipelines, and conduct whole loan trading from the convenience of their mobile phone. He has also pioneered several metrics that have become standard industry parlance, including “beta pull-through” factors. In addition to banking clients, Mr. Rasori has consulted with GSE agencies and the U.S. Government on hedging best practices for community banks.
Mr. Rasori also recently joined the Forbes Finance Council so that he could provide thought leadership for a broader audience than just clients and colleagues. His insights in the articles he has published for Forbes have shown a dedication to expanding knowledge and awareness of the secondary mortgage market.
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 https://mct-trading.com/ or call (619) 543-5111.
Chief Marketing Officer
Mortgage Capital Trading