Dive Deeper Into MCT’s Resource Center & Learning Library
Please check your inbox for registration details. While you’re here, we’ve consolidated our most popular content below. Take a look at recent industry whitepapers, educational webinars, weekly market commentary and more!
Webinars
Watch previously recorded webinars to learn how mortgage experts are tackling recent issues.
Whitepapers
Read our educational whitepapers to gain in depth knowledge on industry trends and topics.
Market Commentary
Read MBS Market Commentary for insights on recent trends from Bill Berliner.
Dictionary
Learn about terms, definitions, and phrases commonly used in secondary markets.
MCT’s Recommended Top Content for Mortgage Professionals
MSR 101: Reviewing MSR Principles, Advantages & Disadvantages, & Key Portfolio Valuation Drivers [MCT Industry Webinar]
In this webinar, MCT’s MSR experts, Bill Shirreffs, Azad Rafat, David Burruss, and Natalie Martinez will provide MSR insights, elaborate on their advantages and disadvantages, describe the difference between fair, market, and economic value, and give a current market update.
MSR Market Monthly Update – July 2024
Click to read the most recent MSR Market Update! – Mortgage rates and some rate indices have experienced a healthy recovery from their lows recorded at the end of February, closing the month of April with robust gains over their end of the year levels. Mortgage rates managed to end the month of April with an increase of about fifty-two (52) basis points, while float income rates have increased by an average of thirty (30) basis points since the end of March. MSR portfolio holders should expect a moderate value recovery in the range of two to six (2-6) basis points from the end of March. However, those increases will vary depending on portfolio vintages and other portfolio characteristics such as Agency and GNMA mix. The downrate risk and its potential impact on MSR values will persist as we navigate through 2024.
MCT Whitepaper: Mortgage Pipeline Hedging 201
In this whitepaper, various hedging instruments will be explored, baseline inputs used in mortgage pipeline hedging will be examined, and recent industry advancements that have reshaped the hedging landscape will be discussed. Data integrity remains crucial to maximizing opportunities in hedging, and its importance will be emphasized throughout the discussion.
Top Content for Mortgage Professionals by Growth Stage
Best Efforts Loan Sales
Introduction to Mandatory Loan Sale Delivery
This article is overview for implementing mandatory loan sale delivery and how mortgage bankers like Andrew Stringer at First Bank were able to capture a +52 bps pickup over best efforts.
Supported Hedging & Mandatory Delivery
Considerations for Internalizing Your Best Execution Loan Sales
In this post, we will explore the necessary considerations for lenders seeking to take ownership of their secondary market performance by internalizing their Best Execution Process (Best Ex).
Semi-Autonomous Hedging & Loan Sales
15 Strategies for Lenders to Improve Profitability
In this whitepaper, MCT outlines 15 actionable strategies mortgage lenders use to improve profitability. These include secondary marketing strategies, business operations and technology.
Autonomous Hedging & Loan Sales
Best Execution Analysis in the Secondary Mortgage Market
In this article, we’ll explain the key concepts related to best execution analysis and discuss how sellers in the secondary mortgage market achieve the best price for their loans when selling them to agencies or aggregators.
Autonomous with Advanced Functionality
Yield & Arbitrage Theory – Servicing Insights Vol. 5
Join our discussion of static vs dynamic returns, in this issue of Servicing Insights which focuses on explaining why arbitrage theory is so helpful in deciding the appropriate yields to use in valuing cash flows.