Press Releases
MCT Introduces Bid Auction Manager™ Secondary Marketing Tape Transfer Technology

MCT Introduces Bid Auction Manager™ Secondary Marketing Tape Transfer Technology

SAN FRANSISCO, Calif, July 19, 2017 – Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing technology firm, announced at the California Mortgage Bankers Association’s (CMBA) annual Western Secondary Market Conference held in San Francisco that it has released new secondary marketing technology to improve the industry’s existing loan sale practices. Dubbed Bulk Acquisition Manager™ (BAM), the solution automates the process of packaging and transferring bulk loan bids, which benefits investors, lenders and MCT’s team of mortgage loan traders.