{"id":79837,"date":"2022-03-11T13:47:09","date_gmt":"2022-03-11T18:47:09","guid":{"rendered":"https:\/\/www.send2press.com\/wire\/?p=79837"},"modified":"2022-03-11T13:45:00","modified_gmt":"2022-03-11T18:45:00","slug":"mct-integrates-with-the-fannie-mae-connect-whole-loan-purchase-advice-seller-api","status":"publish","type":"post","link":"https:\/\/www.send2press.com\/wire\/mct-integrates-with-the-fannie-mae-connect-whole-loan-purchase-advice-seller-api\/","title":{"rendered":"MCT Integrates with the Fannie Mae Connect Whole Loan Purchase Advice Seller API"},"content":{"rendered":"

SAN DIEGO, Calif., March 11, 2022 (SEND2PRESS NEWSWIRE) — MCT\u2019s award-winning capital markets platform, MCTlive!<\/a>, is now integrated with the Fannie Mae Connect™ Whole Loan Purchase Advice Seller API. This API connection allows MCT Mark-to-Market and Hedge Accounting Reports to be updated with Fannie Mae purchase data instantly, instead of waiting to run reports through a Loan Origination System (LOS). The integration also allows MCTlive\u2019s Loan Commitment Tracker to automatically draw down outstanding commitments as loans are purchased by Fannie Mae.<\/p>\n

\"MCT<\/em><\/p>\n

\u201cWe thank Fannie Mae for again providing leadership in API system to system communication in capital markets. As the largest purchaser of whole loans in the MCT lender client base, integrating to the Fannie Mae Connect Whole Loan Purchase Advice Seller API completes a large step in MCT\u2019s roadmap for automating and independently verifying performance reporting,\u201d said Phil Rasori, COO of MCT. \u201cBy removing manual data entry into the LOS the connection to this API will provide more accurate and timely \u2018Held For Sale\u2019 reporting.\u201d<\/p>\n

MCT is in the process of working with many whole loan buyers to automate the delivery of their purchase advices into MCTlive! MCT can be contacted<\/a> to start the process of automating purchase advices for whole loan buyers or sellers.<\/p>\n

About MCT:<\/strong><\/p>\n

Founded in 2001, Mortgage Capital Trading, Inc. (MCT) has grown from a boutique mortgage pipeline hedging firm into the industry\u2019s leading provider of fully-integrated capital markets services and technology. MCT offers an array of best-in-class services and software covering mortgage pipeline hedging, best execution loan sales, outsourced lock desk solutions, MSR portfolio valuations, business intelligence analytics, mark to market services, and an award-winning comprehensive\u00a0capital markets software platform<\/a>\u00a0called MCTlive! 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.<\/p>\n

For more information, visit\u00a0https:\/\/mct-trading.com\/<\/a>\u00a0or call (619) 543-5111.<\/p>\n

MEDIA CONTACT:<\/strong><\/p>\n

Ian Miller<\/a><\/p>\n

Chief Marketing Officer<\/p>\n

Mortgage Capital Trading<\/p>\n

619-618-7855<\/p>\n

pr@mctrade.net<\/p>\n

MULTIMEDIA:<\/strong><\/p>\n

LOGO link for media: https:\/\/www.Send2Press.com\/300dpi\/22-0311-s2p-mcttrad-300dpi.jpg<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

SAN DIEGO, Calif., March 11, 2022 (SEND2PRESS NEWSWIRE) — MCT’s award-winning capital markets platform, MCTlive!, is now integrated with the Fannie Mae Connect™ Whole Loan Purchase Advice Seller API. This API connection allows MCT Mark-to-Market and Hedge Accounting Reports to be updated with Fannie Mae purchase data instantly, instead of waiting to run reports through a Loan Origination System (LOS).<\/p>\n","protected":false},"author":5216,"featured_media":79836,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[39,12804,1,10,38,10711,78,6,5],"tags":[17832,756],"class_list":["post-79837","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mortgage-news","category-ap","category-business-news","category-california-news","category-finance-news","category-fintech","category-san-diego-news","category-software-news","category-technology-news","tag-capital-markets-platform","tag-fannie-mae","has-post-title","has-post-date","no-post-category","no-post-tag","no-post-comment","has-post-author"],"acf":[],"views":4363,"_links":{"self":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/79837","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=79837"}],"version-history":[{"count":0,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/79837\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/media\/79836"}],"wp:attachment":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/media?parent=79837"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/categories?post=79837"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/tags?post=79837"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}