MCT Client Webinar – Streamlining and Standardizing AOT Executions
This webinar has concluded. View the recording and slide deck below.
MCT’s Phil Rasori and Andrew Rhodes, as well as Agile’s Greg Vacura present this webinar on MCT’s effort to standardize AOT executions and confirmations from July 13th.
The value and utility of AOTs is a well-traveled topic for MCT clients, but as AOTs have gained market share it has become clear increased standardization and transparency is still needed. During this client-exclusive webinar we’ll dig into the basis for standardization, recent examples showing the need, and MCT’s plan to improve your AOT experience by working with investors.
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About the Webinar:
In this webinar, MCT’s Phil Rasori and Andrew Rhodes, as well as Agile’s Greg Vacura discussed streamlining and standardizing AOT executions.
Topics Included:
- Basis for AOT Standardization
- Recent Examples
- MCT’s Recommended AOT Process
- Implementation Plans with Investors
- Distinguishing Standard vs. Non-Standard AOT Programs
About the Webinar Presenters:
Phil Rasori, Chief Operating Officer, MCT
Mr. Rasori is a recognized thought-leader in capital markets operations within the mortgage banking community. His areas of expertise include complex financial modeling, computational dynamics, and linear programming for operational optimization. He developed the ground-breaking mortgage pipeline hedging algorithms that form the foundation of MCT’s HALO Program today. 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 US Government on hedging best practices for community banks. Mr. Rasori has functionally led MCT operations since 2005 and ascended to his current role as COO in 2007.
Mr. Rasori is a graduate of University of California, San Diego, and holds a B.S. in Management Science.
Andrew Rhodes, Senior Director, Head of Trading, MCT
Mr. Rhodes began his career with MCT in 2005 as the company’s first dedicated loan sale specialist. He initially created investor specific models to accurately produce market based mandatory pricing for all pricing aspects in MCT including rate sheet generation, best executions, and fair market valuations. During the years following his hire, his role was redefined to include client pipeline risk management. Over the years he was able to grow with the company gaining skills and experience in multiple fields in secondary. He was soon after named as SVP of Trading. As a part of his daily operations he has been responsible for overseeing the risk management and loan sale execution for many of MCT’s clients. Outside of the daily operations, Mr. Rhodes has been instrumental in helping to roll out MCTlive’s BAM Platform among many of the other new initiatives at MCT.
Mr. Rhodes graduated from the University of California, San Diego, and holds a B.A. in Economics.
Greg Vacura, President, Agile
Mr. Vacura is a thirty-year mortgage industry veteran who previously served as SVP of Correspondent Pricing at Wells Fargo Funding, where he managed all aspects of correspondent mortgage pricing including the mandatory trade desk, best efforts lock desk, and revenue analytics. Mr. Vacura has been a proven pioneer throughout his career, changing the mortgage industry through groundbreaking innovations like the PerformanceWorks seller grading program, bid tape AOT loan sale deliveries, and a patented AI machine-learning loan-level bid automation system. He’s now been tasked with applying that deep industry expertise toward achieving Agile’s mission of creating a better MBS market. Mr. Vacura prides himself on prioritizing and developing his teams, fostering trust, loyalty, and collaboration. He holds a degree in Business Management from Hamline University and enjoys spending time outdoors with his wife and three children around their Minnesota home.
