Weekly Technology Improvement Series:
With MCTlive!, all your bids are tied directly to the cash window through our live, on demand, APIs with Fannie Mae and Freddie Mac. Once posted, live pricing from Fannie/Freddie is available with the click of a button.
Even if the market moves between pricing and hitting the bid, you don’t have to worry about delayed rate sheet updates or a dislocation between TBAs and cash window price changes.
A full browse price integration to ALL cash window executions provides assurance that you are receiving the most up to date pricing for your best execution and front-end pricing.
This live browse with the agencies feature allows you to pull in a base price, SRP, spec, and LLPAs, for an accurate all in price, to make retained or released decisions, with SMP (Fannie), CRX (Freddie), and CTOS (Freddie).
Once a best ex analysis is completed (fee adjusted and eligibility included), a lender can easily commit to all of the cash window iterations available.
This series focuses on technology updates to MCTlive!, MCT’s award-winning loan pipeline management software.
MCTlive! Features include:
- 100% Cloud-Hosted, Web-Based, Real-Time Functionality
- Multidimensional Pull-Through Analytics
- Bid Auction Manager (BAM) Loan Trading Platform
- Electronic TBA Trading
- Rapid Commit for Agency Delivery
View All Rasori’s Relentless Releases
Bid Tape Mapping for Non-Platform Tapes – Rasori’s Relentless Releases: Weekly Technology Improvement Series
In MCT’s latest Rasori’s Relentless Releases, we discuss bid tape mapping for non platform tapes in MCTlive!.
In MCT’s latest Rasori’s Relentless Releases, we discuss new pricing granularity features in MCTlive!.
In MCT’s sixth episode of Rasori’s Relentless Releases, Phil Rasori covers the January 14th proposal of volume caps on agency cash window deliveries, the features of the MCTlive! Pool Optimizer and also reviews a new comparison tool.
In MCT’s fifth episode of Rasori’s Relentless Releases, Phil Rasori announces the first stage of Alexa voice integration for the MCTlive! platform. This new integration will include command chains that allow for full remote secondary execution, including loan sale commitments and TBA positions.
In MCT’s fourth episode of Rasori’s Relentless Releases, Phil Rasori reviews new MCTlive! pull-through functionality which account for the market experience adjustment caused by the reintroduction of the 50 basis point Agency Refi Adverse Market Fee.
Episode 3 is a continuation video from Episode 2. In this video, Phil Rasori discusses loan-level hedge costs reporting in more detail.
These new reports improve the allocation of hedge costs at either the loan or lock level, enabling more granular profitability measurement.
Phil discusses the delay of the Adverse Market Refinances Fees and how new functionality in MCTlive! can be used to manage the changes.