SAN DIEGO, Calif. (CitizenWire) — MCT Trading, Inc. (MCT), a recognized leader in hedging and risk management services, announced the celebration of its of tenth anniversary in business. The company was founded in May of 2001 and has remained dedicated to the mortgage banking industry since its inception.
"Our longevity in reaching a decade of success is the result of the second-to-none service and accessibility that we provide our clients," said Curtis Richins, president of MCT. "To date, we have helped over 200 lenders establish effective hedging strategies, taking them to new heights of profitability and efficiency. We're proud to say we've been doing this for ten years and we look forward to continuing to serve as a long-term trusted advisor for our clients."
MCT is comprised of a group of senior mortgage banking professionals that hold years of deep experience in capital markets trading. In 2010, the company doubled its revenue and is currently tracking to again double revenues in 2011.
At the core of MCT's core trading model is HALO (Hedging And LoanSale Optimization Program), which is a program that combines proprietary market-proven pipeline hedging disciplines with best-execution negotiated loan sales services. MCT attributes its success to one-on-one client care coupled with the benefits of the HALO program, thus enabling clients to lock in higher profitability while mitigating the risk associated with interest rate changes.
The company predominantly caters to growing small to mid-tier mortgage bankers that need assistance, education and dedicated resources to successfully make the transition from best efforts to mandatory loan sales.
About Mortgage Capital Trading:
MCT Trading is a risk management and advisory services company providing independent analysis, training, hedging strategy and loan sale execution support to clients engaged in the secondary mortgage market. Founded in San Diego, California in May 2001, the company has expanded to include field sales and support offices in Philadelphia, Dallas, Charlotte and San Francisco. MCT is recognized as a leading provider of mortgage pipeline hedging service and currently supports more than 60 clients on the HALO (Hedging And Loan sales Optimization) Program.
For more information, please visit www.mct-trading.com .
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