{"id":39155,"date":"2018-08-17T18:47:48","date_gmt":"2018-08-17T22:47:48","guid":{"rendered":"https:\/\/www.send2press.com\/wire\/?p=39155"},"modified":"2018-08-17T18:47:48","modified_gmt":"2018-08-17T22:47:48","slug":"mct-integrates-its-mctlive-secondary-marketing-software-with-freddie-mac-for-automated-loan-sale-pricing-and-commitment","status":"publish","type":"post","link":"https:\/\/www.send2press.com\/wire\/mct-integrates-its-mctlive-secondary-marketing-software-with-freddie-mac-for-automated-loan-sale-pricing-and-commitment\/","title":{"rendered":"MCT Integrates its MCTlive! Secondary Marketing Software with Freddie Mac for Automated Loan Sale Pricing and Commitment"},"content":{"rendered":"

SAN DIEGO, Calif., Aug. 17, 2018 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT)<\/a>, a leading mortgage hedge advisory<\/a> and secondary marketing software<\/a> firm, announced new functionality that delivers real-time pricing and automates loan committing for Freddie Mac clients. MCT\u2019s lender clients receive the pricing information seamlessly via its integrated capital markets technology platform, MCTlive! MCT is the first vendor to have successfully completed the first commitment via Freddie Mac\u2019s new API technology.<\/p>\n

\"MCT
\nAfter completing Best Execution Analysis and determining loans to be sold to Freddie Mac, lenders use Rapid Commit functionality which intelligently completes product selection and delivers commitments for all loans with a single click. MCTlive! Rapid Commit interfaces bi-directionally with Freddie Mac\u2019s Loan Selling Advisor system in real-time.<\/p>\n

“We are proud to leverage the system-to-system Pricing and Commitment functionalities within the newly released Freddie Mac APIs,\u201d stated Phil Rasori<\/a>, COO at MCT. \u201cThis integration is a significant step on our road map for increased technology collaboration with Freddie Mac for the benefit of our mutual lender clients.\u201d<\/p>\n

MCTlive! Rapid Commit functionality speeds up the committing process, ensures data integrity, and optimizes best execution for all commitments. Working within MCTlive!, users leverage Rapid Commit to run initial best execution, confirm Freddie Mac eligibility, and analyze the optimal subset sizes and products to deliver as individual commitments. MCTlive! has converted a once manual process to a completely automated and efficient solution.<\/p>\n

MCT and Freddie Mac look forward to continuing to collaborate for the benefit of mutual clients. Lenders interested in leveraging MCT Rapid Commit to improve their loan sale process should schedule a consultation.<\/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!<\/p>\n

MCT supports independent mortgage bankers, depositories, credit unions, warehouse lenders, and correspondent investors of all sizes. 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

About Freddie Mac: <\/strong>
\nFreddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Since our creation by Congress in 1970, we’ve made housing more accessible and affordable for homebuyers and renters in communities nationwide. We are building a better housing finance system for homebuyers, renters, lenders and taxpayers. Learn more at FreddieMac.com<\/a>, Twitter @FreddieMac<\/a> and Freddie Mac’s blog<\/a>.<\/p>\n

Twitter: @mcttrading
\nHashtags: #MortgageCapitalTrading #FreddieMac #RapidCommit #MCTlive #SecondaryMarketing<\/p>\n

Media Contact:<\/strong>
\nJoe Bowerbank
\nProfundity Communications, Inc.
\n949-378-9685
\njbowerbank@profunditymarketing.com<\/p>\n

*LOGO link for media: Send2Press.com\/300dpi\/18-0803s2p-mctrading-300dpi.jpg<\/p>\n","protected":false},"excerpt":{"rendered":"

SAN DIEGO, Calif., Aug. 17, 2018 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced new functionality that delivers real-time pricing and automates loan committing for Freddie Mac clients. MCT’s lender clients receive the pricing information seamlessly via its integrated capital markets technology platform, MCTlive! MCT is the first vendor to have successfully completed the first commitment via Freddie Mac’s new API technology.<\/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":[39,1,10,38,599,78,6,5],"tags":[8122,8952,10202],"class_list":["post-39155","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mortgage-news","category-business-news","category-california-news","category-finance-news","category-cloud-saas-news","category-san-diego-news","category-software-news","category-technology-news","tag-capital-markets","tag-freddie-mac","tag-profundity-pr","has-post-title","has-post-date","no-post-category","no-post-tag","no-post-comment","has-post-author"],"acf":[],"views":5958,"_links":{"self":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/39155","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=39155"}],"version-history":[{"count":0,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/39155\/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=39155"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/categories?post=39155"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/tags?post=39155"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}