MCT Updates its MSR Valuation Platform with Enhanced Analytics, Reporting
Mortgage Capital Trading (MCT), has released an updated version of its mortgage servicing rights (MSR) valuation platform that addresses the industry's growing need for...
MCT Reports 16 Percent Decrease in Mortgage Lock Volume in December
Mortgage Capital Trading, which offers mortgage capital markets technology, reports a 16.7% decrease in mortgage lock volume in December compared with November.
While there was...
FHFA Takes Preliminary Step to Transition Fannie Mae, Freddie Mac Out of Conservatorship
The Federal Housing Finance Agency (FHFA) and the U.S. Department of the Treasury have amended Fannie Mae and Freddie Mac’s Preferred Stock Purchase Agreements...
A&D Mortgage Prices Non-QM Securitization
A&D Mortgage has priced its latest securitization, a $303.9 million transaction backed by 872 newly originated non-prime residential mortgages.
Atlas Merchant Capital and Imperial Fund...
Mortgage Lock Volume Fell 15 Percent in November on Higher Rates
Mortgage lock volume plummeted 15% in November compared with October, as rates increased, according to Mortgage Capital Trading (MCT).
While the market exhibited relative stability...
Vice Capital Markets Signs 50th Investor to Whole Loan Trading Platform
Vice Capital Markets, a mortgage hedge advisory firm for independent lenders, banks and credit unions, reports that it has added its 50th investor to...
Farmer Mac Wraps Up Agricultural Mortgage Securitization
Farmer Mac has completed a $318.8 million securitization of agricultural mortgage loans, representing the organization’s fifth transaction in the FARM series since 2021.
The mortgage...
CHLA Requests Ginnie Mae to Allow Loan-Level Pooling
Due to increasing concern that Ginnie Mae issuers cannot transfer loans within a pool to transact a full loan mortgage servicing right (MSR) sale,...
Snapdocs Report Shows E-Closing Technology is a Game Changer for Mortgage Lenders
E-closing technology is a game-changer for mortgage lenders in optimizing their secondary market strategies, a research report from Snapdocs shows.
The report, conducted in partnership...
Sam Valverde Steps Down as Acting President of Ginnie Mae, Gregory Keith to Assume...
Sam Valverde, acting president of Ginnie Mae, will step down effective November 30.
Valverde has served as acting president of Ginnie Mae since May. He...
MCT: Mortgage Lock Volume Increased 2.5 Percent in October
Despite market volatility, mortgage lock volume increased 2.5% in October compared with September, according to Mortgage Capital Trading (MCT), which offers mortgage capital markets...
Optimal Blue Promotes Two Industry Experts to Executive Roles
Erin Wester has been promoted to chief product officer while Mike Vough has been promoted to head of corporate strategy at secondary marketing software...
Fannie Mae Closes Sale of 8,678 Reperforming Loans With $1.42B in UPB
Fannie Mae recently auctioned 8,678 reperforming mortgage loans with about $1.42 billion in unpaid principal balance (UPB), offered in three pools.
The winning bidder for...
A&D Mortgage Announces $390.6 Million Securitization of Non-QM Loans
Non-QM lender A&D Mortgage has issued its latest securitization, valued at $390.6 million.
The securitization is backed by a pool of 1,171 mostly newly originated...
GSEs Expand Eligibility for Appraisal Waivers on Purchase Loans, Among Other Policy Updates
The Federal Housing Finance Agency (FHFA) has announced updates to several Fannie Mae and Freddie Mac policies including expanding eligibility for appraisal waivers on...
Optimal Blue Adds New Features to its Platform
Optimal Blue has added an expanded AI assistant suite and a new Scenario Optimizer to its PPE, and has also announced free availability of...
MCT Adds Customized Spec Durations to MCTlive!
Mortgage Capital Trading says it has improved the functionality of its mortgage hedging software with customized spec durations.
Mortgage lenders using MCT’s capital markets platform...
Kiavi Announces Second Rated Securitization Transaction for the Year
Kiavi, a private lender to residential real estate investors, has closed its second rated securitization of residential transition loans this year.
This time, Kiavi closes...
Agile Launches Launches Limit Orders, a New Quote Request Type for the TBA Market
Agile, which offers technology that brings mortgage lenders and broker-dealers onto a single platform, has launched limit orders, a new quote request type for...
Fannie Mae Announces Winning Bidder on Pool of Non-Performing Mortgage Loans
VWH Capital Management, a minority and women-owned business, is the winning bidder on a pool of non-performing mortgage loans recently auctioned by Fannie Mae.
This...