{"id":30609,"date":"2017-11-07T06:30:36","date_gmt":"2017-11-07T11:30:36","guid":{"rendered":"https:\/\/www.send2press.com\/wire\/?p=30609"},"modified":"2018-08-10T19:36:56","modified_gmt":"2018-08-10T23:36:56","slug":"mortgage-capital-trading-integrates-its-mctlive-secondary-marketing-software-with-fannie-maes-pricing-execution-whole-loan-application","status":"publish","type":"post","link":"https:\/\/www.send2press.com\/wire\/mortgage-capital-trading-integrates-its-mctlive-secondary-marketing-software-with-fannie-maes-pricing-execution-whole-loan-application\/","title":{"rendered":"Mortgage Capital Trading Integrates its MCTlive! Secondary Marketing Software with Fannie Mae\u2019s Pricing & Execution – Whole Loan Application"},"content":{"rendered":"

SAN DIEGO, Calif., Nov. 7, 2017 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT)<\/a>, a leading mortgage hedge advisory<\/a> and secondary marketing software firm, announced the release of new online functionality that automates the process of product selection and delivery of loan commitments directly to Fannie Mae for MCT\u2019s lender clients. The new solution, which was developed as part of MCT\u2019s ongoing technology collaboration with Fannie Mae, is called Rapid Commit™ and resides within MCT\u2019s award-winning secondary marketing platform, MCTlive!™<\/a>.<\/p>\n

\"MCT
\nFannie Mae\u2019s Pricing & Execution – Whole Loan\u00ae (PE – Whole Loan) application is the industry-leading whole loan committing platform, providing ease of use, flexibility and certainty for sellers. Rapid Commit functionality retrieves pricing directly into MCTlive!, which in turn speeds up the committing process, ensures data integrity, and optimizes best execution for all commitments.<\/p>\n

\u201cWe developed Rapid Commit to make our customers\u2019 entire loan commitment process with Fannie Mae more efficient, providing automated, highly accurate best execution analysis that is instant and robust,\u201d stated Phil Rasori<\/a>, COO of MCT. \u201cWorking within MCTlive!, users leverage Rapid Commit to run initial best execution and determine that the loan meets Fannie Mae selling guidelines, followed by product-specific best execution that intelligently analyzes the optimal subset sizes and products to deliver as individual commitments.\u201d<\/p>\n

Last year MCT announced an exciting new integration with Fannie Mae\u2019s technology<\/a> that delivered real-time pricing from MCTlive! for the benefit of mutual lender clients. Rapid Commit further strengthens MCT\u2019s collaboration with Fannie Mae and advances the integration of their complementary technologies.<\/p>\n

Mr. Rasori added, \u201cRapid Commit enables a Fannie Mae specific best execution within MCT\u2019s overall robust best execution process via a bi-directional exchange of real-time data that is completely automated between MCTlive! and Fannie\u2019s Pricing & Execution – Whole Loan\u00ae web-based application. Previously, this analysis was a manual, laborious process but it is now completely automated \u2013 all with the simple click of a button. We look forward to working closely with Fannie Mae on business and technology initiatives.\u201d<\/p>\n

About MCT:<\/strong>
\nFounded in 2001, Mortgage Capital Trading, Inc. (MCT) has grown from a boutique\u00a0mortgage pipeline hedging<\/a>\u00a0firm into the industry\u2019s leading provider of fully-integrated\u00a0capital markets services<\/a>\u00a0and technology. MCT offers an array of best-in-class services and software covering mortgage pipeline hedging, best execution loan sales,\u00a0outsourced lock desk<\/a>\u00a0solutions,\u00a0MSR portfolio valuations<\/a>, business intelligence analytics, mark to market services, and an award-winning comprehensive capital markets software platform called MCTlive! MCT supports independent mortgage bankers, depositories, credit unions, warehouse lenders, and correspondent investors of all sizes.<\/p>\n

Headquartered in San Diego, California, MCT also has offices in Philadelphia, Santa Rosa, Los Angeles and Dallas. MCT is well known for its team of capital markets experts and senior traders who continue to provide the boutique-style hands-on engagement clients love. For more information, visit https:\/\/mct-trading.com\/<\/a> or call (619) 543-5111.<\/p>\n

MEDIA CONTACT:
\nJoe Bowerbank
\nProfundity Communications, Inc.
\n949-378-9685
\njbowerbank@profunditymarketing.com<\/p>\n","protected":false},"excerpt":{"rendered":"

SAN DIEGO, Calif., Nov. 7, 2017 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced the release of new online functionality that automates the process of product selection and delivery of loan commitments directly to Fannie Mae for MCT’s lender clients. The new solution, which was developed as part of MCT’s ongoing technology collaboration with Fannie Mae, is called Rapid Commit(TM) and resides within MCT’s award-winning secondary marketing platform, MCTlive!(TM).<\/p>\n","protected":false},"author":5216,"featured_media":30129,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[39,10,38,78,6,5],"tags":[756,10202],"class_list":["post-30609","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mortgage-news","category-california-news","category-finance-news","category-san-diego-news","category-software-news","category-technology-news","tag-fannie-mae","tag-profundity-pr","has-post-title","has-post-date","no-post-category","no-post-tag","no-post-comment","has-post-author"],"acf":[],"views":6904,"_links":{"self":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/30609","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/users\/5216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/comments?post=30609"}],"version-history":[{"count":0,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/30609\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/media\/30129"}],"wp:attachment":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/media?parent=30609"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/categories?post=30609"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/tags?post=30609"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}