"We took a lot of time to carefully engineer and perfect MCTlive over the last two years," said Curtis Richins, president of MCT. "The team at MCT has extensive experience in capital markets, which in conjunction with input from clients, has honed MCTlive into a superior secondary marketing platform. Unlike most commercially available secondary marketing software offerings, MCTlive was truly built by the secondary marketing people in the trenches for secondary marketing people."
A big part of MCT's overall value proposition is its hands-on, highly service-oriented secondary marketing support and guidance that makes lenders more profitable while carefully managing risk. MCT provides a dedicated team of actual traders for all hedging and loan sale activities. The addition of MCTlive takes MCT's offering a step further by empowering lenders with real-time online tools, automation, analytics and reporting that gives them enhanced visibility and control over their secondary marketing functions.
Key components of MCTlive(TM) include:
* Standalone platform with an easy-to-use, 100 percent browser-operated interface
* Real-time mark to market and best execution capability
* Incorporates any 3rd party MSR values for retained/released decisioning
* Robust, dashboard-level reporting with full audit trail tracking functionality
* Detailed reports for pipeline management, data QC, and profitability monitoring
* Proprietary pricing engine for accurate, consistent pricing and best execution loan sales
* Ability to integrate with LOS platforms, eliminating rekeying information for data integrity
* Ongoing access to MCT's traders for immediate customer support
Phil Rasori, MCT's COO and Chief Architect of MCTlive, stated: "We have over 100 clients and growing that count on us daily to provide ongoing education and advice in order to implement effective hedging strategies. With MCTlive, we further differentiate ourselves by combining a highly interactive approach to advisory services with real-time online tools, delivering the best possible secondary results for lenders."
Rasori adds: "We invested significant time and resources to combine this best of both worlds. For some clients, MCTlive will be used primarily for enhanced reporting while other clients will use it as a complete capital markets platform."
MCT is known in the mortgage industry for successfully transitioning clients from best efforts to mandatory deliveries in an educational and seamless manner. MCTlive adds a rich secondary marketing online offering to the company's hedging pipeline management and risk management service.
About MCT 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, San Francisco and Charlotte. MCT is recognized as a leading provider of mortgage pipeline hedging service and currently supports more than 100 clients on the HALO (Hedging And Loan sales Optimization) Program. MCT also offers a central lock desk service to mortgage bankers that effectively outsources the lock desk function called LockCentral.
For more information, please visit http://www.mct-trading.com/ or call (619) 543-5111.
MEDIA CONTACT:
Joe Bowerbank
Profundity Communications, Inc.
949-378-9685
jbowerbank@profunditymarketing.com .
NEWS SOURCE: MCT Trading, Inc. :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by Send2Press® Newswire, a service of Neotrope®. Original syndication source of this press release: https://www.send2press.com/newswire/MCT-Trading-Inc-Officially-Introduces-MCTlive-a-Browser-based-Software-Platform-for-Secondary-Marketing-Departments_2014-05-0514-004.shtml.