Mortgage Capital Trading - MCT

Retaining mortgage servicing rights is considered a key milestone in the growth of every mortgage banker. Learn about this crucial asset from our expert team. https://mct-trading.com/webinar/msr-101/

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.

Topics include:

- Defining MSR – What are Mortgage Servicing Rights?
- Advantages vs. Disadvantages of Holding Servicing
- Fair vs. Market vs. Economic Value
- Key Valuation Drivers
- Achieving Pricing/Value Continuity
- Current MSR Market Update

Register here - https://mct-trading.com/webinar/msr-101/

Mortgage Pipeline Hedging 201 explores various hedging instruments, baseline inputs, and recent industry advancements that have reshaped the hedging landscape. https://mct-trading.com/whitepaper/mortgage-pipeline-hedging-201/

Whitepaper Topics Include:

- Hedging Instruments Explained
- Typical Inputs of a Hedge Model
- Calculating Hedge Recommendations Based on Pipeline Data
- Managing a Hedged Mortgage Pipeline Over Time
- Predicting Change of a Hedged Mortgage Pipeline
- The Changing Landscape of Pipeline Hedging

As loan sale volume begins to pick up, mandatory loan sale delivery becomes attractive for the increased profits… but how do you manage the risk? https://mct-trading.com/blog/introduction-to-mandatory-loan-sale-delivery/

July's MCT Indices Report shows a 7.84% decrease in mortgage lock volume compared to the previous month. https://mct-trading.com/press-release/mct-reports-an-8-mortgage-lock-volume-decrease-in-latest-indices-report/

This decline follows a brief uptick in volume at the beginning of the buying season, suggesting a continuing stalemate between limited housing supply and higher interest rates.

The limited supply of available homes coupled with mortgage rates hovering around 7% has contributed to the observed decline in activity for June. As the market navigates these constraints, the mortgage industry anticipates a sideways trend over the next couple of months.

Fannie Mae has changed the landscape of the secondary market again by pushing the mission pay-ups available on the securitization side through to mortgage originators with a new API and associated product grids. Join Fannie Mae’s Olga Gorodetsky, CFA alongside Phil Rasori and Paul Yarbrough of MCT as they discuss the goals, features, and benefits of this technology integration for mortgage originators and their borrowers.

Improve Margins and Price Competitiveness with the Fannie Mae Mission Score API [MCT Industry Webinar] Join Fannie Mae’s Olga Gorodetsky alongside Phil Rasori and Paul Yarbrough of MCT as they discuss the goals, features, and benefits of this technology integration for mortgage originators and their borrowers.

Announcing the launch of new integrations with Fannie Mae’s Mission Score application programming interface (API) and Mission Score 2 and 3 product grids that provide better transparency and pricing for mortgages aligned with Fannie Mae’s mission objectives. https://mct-trading.com/press-release/mct-fannie-mae-mission-score-api/

The Mission Score API and product grids provide a loan-level Mission Score and associated pricing to mortgage originators, who may improve margins or pass through better borrower pricing using MCT technology. MCT, the first to integrate with the API, has a long history of empowering mortgage market participants to optimize their business, and these latest integrations increase the granularity of pricing that Fannie Mae provides sellers on MCT Marketplace – the largest mortgage asset exchange for the U.S. secondary market.

Receiving your GSE or Ginnie Mae approval not only adds value to the net worth of mortgage lenders, but several other doors also become open with these approvals. https://mct-trading.com/whitepaper/getting-started-with-agency-approvals/

This can be a cumbersome process and requires preparation in many areas of your business. Before getting started with the approval process, it is important to learn the details to be successful. Learn how direct access to agencies, additional income streams, and a lifeline during market volatility provide additional value for mortgage lenders with these approvals.

Whitepaper by Jennifer R. Whip, CMB® and Michael Drayne & MCT

MCT Whitepaper: Getting Started with Agency Approvals This whitepaper outlines why having a Fannie Mae, Freddie Mac, or Ginnie Mae approval adds value to a mortgage company or depository and offers some important tips on how to obtain that valuable approval.

Learn how analyzing market share dynamics and volume trends becomes a strategic compass for effective margin management. The following strategies will empower lenders to adapt and thrive. https://mct-trading.com/whitepaper/margin-management-best-practices/

"Over the long term of mortgage pipeline hedging, an originator should expect to make a 20 to 25 basis points lift over best-efforts." Learn more in Hedging 101 Whitepaper:

MCT Whitepaper: Mortgage Pipeline Hedging 101 This whitepaper will review information on moving to mandatory loan sales through mortgage pipeline hedging, the strategy of hedging, the benefits of hedging, and how to determine if you are ready.

MCT and Lender Price have partnered to provide mortgage lenders using the Lender Price product and pricing engine (PPE) with loan-level MCT MSR values. MCT’s industry-leading mortgage servicing rights (MSR) grids allow Lender Price PPE clients to be more granular, profitable, and efficient when generating their front-end borrower pricing and managing their MSR portfolio.

MCT and Lender Price Join Forces to Improve Mortgage Pricing with Loan-Level MSR Values Mortgage Capital Trading (MCT®), the de facto leader in innovative mortgage capital markets technology, and Lender Price, the first cloud-native provider of mortgage pricing technology, have partnered to provide mortgage lenders using the Lender Price product and pricing engine (PPE) with loan-leve...

𝗠𝗖𝗧 𝗶𝘀 𝗥𝗲𝗮𝗱𝘆 𝘁𝗼 𝗔𝘀𝘀𝗶𝘀𝘁 𝘄𝗶𝘁𝗵 𝗬𝗼𝘂𝗿 𝗤𝟮 𝗠𝗦𝗥 𝗣𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼 𝗩𝗮𝗹𝘂𝗮𝘁𝗶𝗼𝗻! https://mct-trading.com/msr-valuation/

Mid-year is upon the capital mortgage markets. With the continued volatility in the market, it has become increasingly important to obtain third-party MSR valuations in order to make well-informed risk management decisions.

The majority of our clients have increased their frequency and transitioned to quarterly reviews, and in some cases monthly. If you need any assistance in preparing your data or have questions on your MSR portfolio let us know if we can help.

With MCT’s portfolio valuations, you’ll receive an in-depth analysis outlining how Q2 production has affected your portfolio value. Additionally, if you are considering a bulk MSR sale, contact us to discuss market trends and explore strategic options.

MCT's portfolio valuations are unparalleled in the industry, featuring:

- Precise analysis and opinion of fair value

- Summary tables of major portfolio characteristics

- Sensitivity charts highlighting key risk factors

Contact us to learn why so many servicers are trusting MCT for their portfolio valuations and MSR bulk transactions. MCT can also provide expedited valuations if needed. https://mct-trading.com/contact/

As mortgage lock volume edges upward during the buying season, the mortgage industry continues to monitor economic indicators that will factor into the Federal Reserve’s decision on how long to hold rates. https://mct-trading.com/press-release/mct-reports-a-7-percent-lock-volume-increase-in-latest-indices-report/

Early May economic indicators present a mixed bag, which could give the Federal Reserve reason to hold rates longer. While April’s Consumer Price Index (CPI) aligned with predictions, the May Nonfarm Payroll report far exceeded forecasts with an additional 272,000 jobs.

The combination of the May Nonfarm Payroll and upcoming CPI report could suggest that the Federal Reserve will hold rates longer as they seek more consistent economic indicators pointing toward their goal of two percent inflation.

Andrew Rhodes, Senior Director and Head of Trading at MCT, stated, “The next couple of months will be key from a data standpoint as the Federal Reserve looks for a trend of inflation heading towards the goal of two percent. Considering the Nonfarm Payroll number that just came out, setting a trend is going to take more time. We’re looking ahead to the May CPI print to see how the Fed is going to interpret both data points. Even with CPI coming in around expectation, the jobs number could likely push the Fed to further delay their rate cuts.”

Read Full Indices Report - https://mct-trading.com/press-release/mct-reports-a-7-percent-lock-volume-increase-in-latest-indices-report/

In this blog, Justin Grant, Senior Director, Head of Investor Services at MCT explains how AOT automation is paving the way for a new era of efficiency and profitability in mortgage trading.

How Correspondent Investors can Leverage AOT Automation in MCT Marketplace In this blog, MCT’s Justin Grant, Senior Director, Head of Investor Services explains how AOT automation is paving the way for a new era of efficiency and profitability in mortgage trading, especially with the help of MCT Marketplace. Read on to see how AOT can benefit investors and sellers alike.

Sarah Hellman Director, Lender Business Intelligence, has been named HousingWires 2024 Rising Stars, based on her professional achievements and contributions to the overall housing economy, community outreach, client impact and personal success. Congratulations Sarah!

MCT’S SARAH HELLMAN NAMED AS ONE OF HOUSINGWIRE'S 2024 RISING STARS Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, proudly announces that Sarah Hellman, Director, Lender Business Intelligence, has been named HousingWire’s 2024 Rising Stars.

Another successful event getting a hedge start at the MBA Secondary! Seeing everyone on Sunday night at the RagTrader was fantastic, and we look forward to more insightful discussions and networking opportunities throughout the Mortgage Bankers Association conference.

Mortgage Capital Trading, Inc. Reports A 2% Lock Volume Increase Despite Rising Rates - California Newswire SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, today reported a 1.87% increase in mortgage lock volume compared to the previous month. To gain comprehensive insights into the market dynamics, i...

By reviewing these concepts and strategies, this whitepaper aims to provide valuable insights for secondary market professionals managing a mortgage pipeline. https://mct-trading.com/whitepaper/whitepaper-duration-convexity-mortgage-pipeline-hedging/

Amidst an environment of increasing rates, the increase in mortgage lock volume over the previous month illustrates a possible shift in public perception. Potential homebuyers appear to be adapting to the 7% interest rate, viewing it as a new normal. This increase is further supported by the seasonal uptick in real estate activity.

The persistence of housing demand, coupled with a stable market for home values, is instilling confidence among buyers who believe acquiring home equity will compensate for the higher rates. https://mct-trading.com/press-release/mct-reports-a-2-percent-lock-volume-increase-despite-rising-rates/

Mortgage Bankers Association MCT's survey of industry experts, "In terms of mortgage rates throughout the year, a clear majority–57.4%–believed they’d end up around 5.76-6.5% by the end of 2024. The next most popular answer, given by 31.5%, was 6.6-7.25%." https://newslink.mba.org/mba-newslinks/2024/may/mct-survey-industry-experts-optimistic-on-volume/

In new whitepaper, MCT's Managing Director, Head of Sales, Ben Itkin, explains these concepts using example hedging and duration calculations with valuable insights for secondary market professionals. https://mct-trading.com/whitepaper/whitepaper-duration-convexity-mortgage-pipeline-hedging/

This new whitepaper underscores the critical significance of understanding concepts like duration and convexity in mortgage pipeline hedging, which are pivotal for effectively managing risk and maintaining margins amidst market fluctuations.

Whitepaper Topics Include:

- Defining Durations in Mortgage Pipeline Hedging
- Example Hedging Scenarios & Duration Calculations
- Understanding Convexity in Relation to Duration
- Hedging with TBAs or Treasuries: Explaining the Difference

MCT's Managing Director, Head of Sales, Ben Itkin, explains these concepts using example hedging and duration calculations with valuable insights for secondary market professionals.

https://mct-trading.com/whitepaper/whitepaper-duration-convexity-mortgage-pipeline-hedging/

Read MCT’s research for a real, unbiased housing market forecast based on the opinions and predictions of over 100 capital markets and housing market industry experts. https://mct-trading.com/blog/housing-market-predictions-2024/