Mortgage Capital Trading Inc. (MCT), a mortgage hedge advisory and secondary marketing software firm, has introduced MSRlive!, a Web-based platform designed to support mortgage lenders’ efforts to build, maintain and optimize their servicing portfolios.
Set for launch in early November, the platform delivers highly accurate pricing for servicing portfolio valuations by automatically evaluating scenarios using more than 400 different factors that are fully customizable based on lender preferences, MCT says in a release.
The platform was designed to be straightforward and easy to learn, simple to run (without the help of IT) and provide robust analysis.
Detailed reports are easily created, establishing the best possible servicing model for lenders’ specific business needs.
Users are able to effectively forecast and manage their portfolios, predicting the impact of market shifts.
Phil Laren, director of MSR services at MCT, says the firm developed MSRlive! “to put our clients in the driver’s seat to value their servicing portfolios and run customizable future market scenarios.”
“Using a sophisticated model and technology platform, we are able to drastically increase the speed and accuracy of MSR portfolio valuations,” Laren says. “MSRlive! is the mortgage industry’s most detailed and accurate servicing portfolio valuation solution on the market.”
The Web-based offering is supported by an experienced team of MCT specialists that are dedicated solely to its MSR Services Division.
MCT’s MSR experts work with clients to define and understand all base assumptions; clients have the ability to easily upload their data and run at their discretion; users are able to create various sets of reports that are easily generated (e.g. cash flow forecasting, accounting, portfolio analysis, etc.); and the results can then be viewed to make intelligent, actionable decisions that mitigate risk.
Servicing portfolios are analyzed and valued at over 30 loans per second in great detail – and with unmatched accuracy, the company claims.
In addition to using 400+ inputs, MSRlive! offers cash flow analysis to help clients effectively evaluate future cash flow. Standard reporting features use daily market rates and make it easy to edit most frequent inputs.
In addition, grid pricing can be integrated with most pricing engines and can be updated as often as needed.
Rate shock analysis of 200 basis points in either direction prepares clients for unseen market changes.
