CA Finance

CA Finance

CA Finance

CA Finance
James M. Cha, CPA, Ace Plus Tax Resolution

Tax Relief CPA James M. Cha Alerts Delinquent Taxpayers as IRS Intensifies 2024 Collection Efforts

LOS ANGELES, Calif. /California Newswire/ -- James Cha, a CPA and a Certified Tax Resolution Specialist from Ace Plus Tax Resolution, alerts that the IRS is ramping up collections and tax audits in 2024, and urges taxpayers to act with tax relief strategies. If you haven't received IRS notices recently about unfiled returns or unpaid taxes, expect that to change. The IRS is hiring more auditors and resuming collection notices aggressively. Be prepared for stepped-up IRS collections efforts in 2024.
MCT Reports a 20.9% Increase In Mortgage Lock Volume Amidst Rising Rates

MCT Reports a 20.9% Increase In Mortgage Lock Volume Amidst Rising Rates for March 2024

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, has reported a 20.9% increase in mortgage lock volume in February compared to the previous month. To gain comprehensive insights into the market dynamics, industry professionals and enthusiasts are invited to download the complete report.
Informative Research

Informative Research Announces Mortgage Lenders Using Fannie Mae Desktop Underwriter Can Now Validate Income & Employment with AccountChek

GARDEN GROVE, Calif. /California Newswire/ -- GARDEN GROVE, Calif., March 7, 2024 (SEND2PRESS NEWSWIRE) -- Informative Research, a leading technology platform that delivers data-driven solutions to the lending community, announced that lenders using Fannie Mae's Desktop Underwriter® (DU®) can now leverage a 12-month asset verification report to validate income and employment in addition to assets with a single asset report. By using direct deposit banking data to evaluate income and employment, lenders can streamline processes and improve the borrower experience.
MCT - Mortgage Capital Trading

Mortgage Capital Markets Tech Leader MCT Releases Custom TBA Indications to Provide Price Discovery for Illiquid Coupons

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, today announced the release of pricing indications for the to-be-announced mortgage-backed securities (TBAs) used by mortgage lenders to hedge their open mortgage pipelines. TBA indications improve transparency in illiquid market segments and act as a key reference point on lenders' unique executions - critical data for generating accurate front-end borrower pricing.
IRS Solutions Software

IRS Solutions Software Announces Release of IRS Advance Notice: Tracks and Alerts Users to IRS Transcript Changes

VALENCIA, Calif. /California Newswire/ -- IRS Solutions® announces the addition of IRS Advance Notice™ (IAN) to the industry's favorite tax resolution platform. The new feature detects and alerts tax professionals to changes on client IRS transcripts, often months in advance of official notification by mail. CPAs, Enrolled Agents, Attorneys and other tax specialists can work less, earn more, and enjoy steady year-round income with IAN.
Feb. 2024 MCT Indices Report

Monthly Mortgage Volume Increases 13.96% In Latest Feb. 2024 MCT Indices Report

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced today an increase of 13.96% in mortgage lock volume compared to the previous month. To gain comprehensive insights into the market dynamics, industry professionals and enthusiasts are invited to download the complete report.
Quadro Acquisition One Corp.

Quadro Acquisition One Corp. to Merge with Group of Greg Lindberg’s Companies in 2024

LOS ANGELES, Calif. /California Newswire/ -- Quadro Acquisition One Corp., a NASDAQ-listed Special Purpose Acquisition Company ("Quadro SPAC") has agreed to acquire a group of seven companies in the sports collectibles, software, cloud-based IT and healthcare services segments with an estimated pro-forma enterprise value of $3 billion (referred to as the "Global Growth Companies"). These companies are affiliated with Global Growth, a private equity firm founded by Greg Lindberg. The name and the symbol under which Quadro SPAC will trade upon the completion of its business combination with Global Growth Companies will be determined at a later date.
MCT: Lock Volume for December by Transaction Type

MCT FINANCE NEWS: Seasonal Lows Contribute to 13.71% Drop In Mortgage Volume

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, revealed today a 13.71% decline in mortgage lock volume compared to the previous month. To gain comprehensive insights into the market dynamics, industry professionals and enthusiasts are invited to download the complete report.
The Mortgage Collaborative

The Mortgage Collaborative (TMC) closes out 2023 with record-breaking ’12 Days of TMC’ in time for holiday congratulations

SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry, has wrapped up its fourth annual 12 Days of TMC, a virtual conference running from November 30 to December 15, 2023. The online event, spread over three weeks, featured several keynote speakers.
MCT - Mortgage Capital Trading

Monthly Mortgage Volume Decreases 10.7% In Latest MCT Indices Report for 2023/November

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, today announced a 10.7% decrease in mortgage lock volume in November compared to the previous month. This revelation comes as part of MCT's monthly Lock Volume Indices report, offering valuable insights into the dynamic landscape of the residential mortgage industry.
NotaryCam

NotaryCam Approved to Provide Remote Online Notarization Services in 2024 for California Transactions

NEWPORT BEACH, Calif. /California Newswire/ -- NotaryCam®, a Stewart-owned company and leading remote online notarization (RON) provider for real estate and legal transactions, announced today it will support remote online notarial acts in California beginning in 2024 following the passage of CA Senate Bill 696, which was signed into law by California Governor Gavin Newsom on September 30, 2023. Stage 1 of the bill takes effect on January 1, 2024.
NotaryCam

NotaryCam approved to provide RON and eNotary for Illinois notaries

NEWPORT BEACH, Calif. /California Newswire/ -- NotaryCam®, a Stewart-owned company and a pioneer in providing remote online notarization and identity verification/authentication technology for real estate and legal transactions, announced today the Illinois Department of Secretary of State has approved the company to provide both eNotary and remote online notarization (RON) services to notaries public registered in the state.
MCT - Mortgage Capital Trading

Mortgage Volume Continues Downward Trend in Q4/2023 in Latest MCT November Indices Report

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, reported today a drop of 17.76% in mortgage lock volume over the prior month. Loan originations for October continued to dip as mortgage rates hovered around 8% and lack of housing supply continues to slow origination volume. While overall mortgage lock volume dropped more than 17% in October, cash out refinances did see a boost.
Teresa Bryce Bazemore and Nandita Bakhshi

Nandita Bakhshi to Join Teresa Bryce Bazemore in Conversation at Financial Women of San Francisco 2023 Annual

SAN FRANCISCO, Calif. /California Newswire/ -- Financial Women of San Francisco (FWSF) today announced that Nandita Bakhshi, Special Advisor and Board Member at BMO Financial Group and Former CEO of Bank of the West, will be the guest moderator as FWSF honors Teresa Bryce Bazemore, President and CEO of the Federal Home Loan Bank of San Francisco, at the 2023 Financial Woman of the Year luncheon in San Francisco, CA on Tuesday, November 7, 2023.
The Mortgage Collaborative

The Mortgage Collaborative Announces its Selected 2024 Board of Directors and Advisory Council

SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry, today announced its 2024 Board of Directors and Advisory Council.
TMC Emerging Technology Fund LP

TMC Emerging Technology Fund LP Invests in Halcyon to Better Serve Mortgage Industry

SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry, announced today that the TMC Emerging Technology Fund LP (the "Fund") has made its latest investment in Halcyon. Halcyon's suite of services provides financial institutions with a 360-degree financial relationship with its customers by affordably expanding their offerings to include investment advisory, IRS transcripts and tax preparation services.
Month-over-month Change in Lock Volume for Sept. by Transaction Type

High Mortgage Rates & Low Supply Drag Down Mortgage Volume in MCT Oct. 2023 Indices Report

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, reported today a significant dip of 13.29% in mortgage lock volume over the prior month.
MCT - Mortgage Capital Trading

MCT (Mortgage Capital Trading) Named Best Place To Work 2023 By SDBJ

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced that it has been named one of the Best Places to Work 2023 by the San Diego Business Journal (SDBJ) in the medium-sized company category (50 - 249 U.S. employees).
The Biggest Leap: Building a Profitable Insurance Agency from the Ground Up

Inspirational entrepreneur Tim Gaspar, an insurance industry pioneer releases ‘The Biggest Leap’

LOS ANGELES, Calif. /California Newswire/ -- Inspirational entrepreneur Tim Gaspar has re-launched his debut book "The Biggest Leap: Building a Profitable Insurance Agency from the Ground Up" (ASIN: B0C3JGZZQR).
MCT - Mortgage Capital Trading

Mortgage Lock Volume Dips Slightly in Response to Rising Rates in Sept. 2023 MCT Indices Report

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, reported today a slight 4.76% decline in mortgage lock volume over the prior month. The slight dip in mortgage lock volume is likely attributed to an increase in mortgage rates through the last month.
Matthew Weber Promoted to Principal at KROST CPAs

Celebrating Growth & Expertise: Matthew Weber Promoted to Principal at KROST CPAs

LOS ANGELES, Calif. /California Newswire/ -- KROST, a leading CPA and consulting firm, is thrilled to announce the promotion of Matthew Weber to the esteemed position of Principal. Matthew's dedication, experience, and exceptional contributions have led to this well-deserved advancement within the organization.
Steve Pawlowski Managing Director, Head of Technology Solutions at MCT

MCT, the leader in innovative mortgage capital markets tech, appoints Steve Pawlowski as Head of Technology Solutions

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, today announced the appointment of Steve Pawlowski as Managing Director, Head of Technology Solutions. Mr. Pawlowski will be responsible for expanding upon MCT's proven record of driving efficiency and liquidity in the secondary market. He will report directly to MCT's COO, Phil Rasori.
MCT Indices Report for Aug. 2023

July’s Mortgage Lock Volume Flat Amongst Rising Rates in MCT’s Latest Indices Report for Aug. 2023

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, reported today a relatively flat .44% increase in mortgage lock volume over the prior month. Visit MCT's site to download the full report.
Monthly Lock Volume Increases 31% in Latest June MCT Indices Report

Monthly Lock Volume Increases 31% in Latest June MCT Indices Report for Mortgage Industry

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, reported today a 31% increase in lock volume in June. Visit MCT's website to download the full report. The increase in June's lock volume activity, which is based on actual locked loans, comes after a 15% drop in May's total lock production.
Amy Chase of NOMIS SOLUTIONS

Nomis Solutions hires client success veteran Amy Chase as SVP of Services

SAN FRANCISCO, Calif. /California Newswire/ -- Nomis Solutions (Nomis), the leading provider of end-to-end pricing lifecycle management technology, announced that client success veteran Amy Chase has been tapped as Senior Vice President of Services. Chase will be responsible for leading implementations of Nomis Solutions and delivering ongoing services to existing clients.
MCT: Figure 1: Lock volume for May 2023 broken out by transaction type

MCTlive! Lock Volume Indices: May 2023 Data from Mortgage Capital Trading, Inc.

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT®), the leader in capital markets software and services supporting more lenders with hedging and pipeline management solutions than any other single provider, is pleased to present the MCTlive! Lock Volume Indices for May 2023. MCT Data represents a balanced cross section of several hundred lenders among retail, correspondent, wholesale, and consumer direct channels.
The Mortgage Collaborative

The Mortgage Collaborative Names Melissa Langdale as new President

SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry, announced today that it has named active board member Melissa Langdale president. A member of TMC's board since 2021, Langdale's two-decade career spans the mortgage, real estate and construction industries, including executive roles in sales, marketing, operations, compliance, risk, secondary/lock desk and quality control.
Suzanne Singer of NotaryCam

NotaryCam welcomes Suzanne Singer as Director of Sales and Marketing

NEWPORT BEACH, Calif. /California Newswire/ -- NotaryCam®, a Stewart-owned company and a pioneering provider of remote online notarization and identity verification/authentication technology for real estate and legal transactions, today announced that Suzanne Singer has been appointed director of sales and marketing.
MCT Lock Volume April 2023

MCTlive! Lock Volume Indices: April 2023 data represents a balanced cross section of several hundred lenders among retail, correspondent, wholesale, and...

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT®), the leader in capital markets software and services supporting more lenders with hedging and pipeline management solutions than any other single provider, is pleased to present the MCTlive! Lock Volume Indices for April 2023. MCT Data represents a balanced cross section of several hundred lenders among retail, correspondent, wholesale, and consumer direct channels.
Teresa Bryce Bazemore

Teresa Bryce Bazemore, of FHLBank San Francisco, Named FWSF Financial Woman of the Year 2023

SAN FRANCISCO, Calif. /California Newswire/ -- Financial Women of San Francisco (FWSF) today named Teresa Bryce Bazemore as the FWSF 2023 Financial Woman of the Year. Ms. Bazemore is the President and CEO of the Federal Home Loan Bank of San Francisco, whose mission is to provide its members with reliable access to low-cost liquidity, essential financial services and expertise, and resources for affordable housing and economic development.
CEO Aldy Damian of Accredas Investments

CEO Aldy Damian of Accredas Investments announces sale of its latest commercial transaction, Walgreens – Denver, CO MSA

ROLLING HILLS ESTATES, Calif. /California Newswire/ -- Aldy Damian, CEO of Accredas Investments, announces sale and close of its latest marketed commercial property. The sale of Walgreens in Denver, CO MSA adds to the previous twelve month running gross sales proceeds totaling $71 Million dollars for the last fiscal year attributed to Accredas Investments.
MCT - Mortgage Capital Trading

Fintech Leader MCT’s AOT Automation Improves Mortgage Lender Profitability and Investor Efficiency

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, announced that it has automated the process of digital TBA trade assignment during the loan sale process for both mortgage lenders and participating correspondent investors. This automation makes assignment of trade loan sales (AOTs) faster, more convenient, and easier for investors to offer.
MCTlive! Lock Volume Indices: March 2023 Data

MCTlive! Lock Volume Indices: March 2023 Data — a balanced cross section of several hundred lenders among retail, correspondent, wholesale, and...

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT®), the leader in capital markets software and services supporting more lenders with hedging and pipeline management solutions than any other single provider, is pleased to present the MCTlive! Lock Volume Indices for March 2023. MCT Data represents a balanced cross section of several hundred lenders among retail, correspondent, wholesale, and consumer direct channels.
Nomis Solutions

Nomis Solutions Featured in Tech Demo Super Session at Consumer Bankers Association Live Conference – CBA LIVE 2023

SAN FRANCISCO, Calif. /California Newswire/ -- Nomis Solutions (Nomis), the leading provider of end-to-end pricing lifecycle management technology, announces its sponsorship of the Consumer Bankers Association (CBA) annual conference, 'LIVE.' In addition to the sponsorship, Nomis will be one of 10 companies featured in CBA Live's Tech Demo Super Session. The session explores innovations from top financial service providers including Salesforce, Blend and Glia.
MCT - Mortgage Capital Trading

BSI Financial Joins MCT Co-Issue Marketplace BAMCO

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, announced that BSI Financial Services (BSI) has become the latest investor to join BAMCO, MCT's new marketplace for co-issue loan sales. BAMCO brings co-issue transactions directly into MCT's whole loan trading platform and improves price transparency by connecting unapproved sellers to live executions from potential buyers.
Mytc.ai

San Francisco-based Mytc.ai Launches AI-Powered Transaction Coordination Service for Real Estate Agents

SAN FRANCISCO, Calif. /California Newswire/ -- Mytc.ai™ has officially launched its revolutionary subscription-based transaction coordination service for real estate agents in California. By blending expert licensed transaction coordinators with cutting-edge artificial intelligence (AI) technology, Mytc.ai offers a cost-effective solution that saves agents up to 60% on transaction coordination costs.
MCTlive! Lock Volume Indices: February 2023 data

MCTlive! Lock Volume Indices: February 2023 data from a balanced cross section of several hundred lenders

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT®), the leader in capital markets software and services supporting more lenders with hedging and pipeline management solutions than any other single provider, is pleased to present the MCTlive! Lock Volume Indices for February 2023. MCT Data represents a balanced cross section of several hundred lenders among retail, correspondent, wholesale, and consumer direct channels.
Stephanie Summers Speaks at Advisor Group’s Annual W Forum Event

Stephanie Summers of Kramer Wealth Managers Speaks at Advisor Group’s 16th Annual W Forum Event

SAN DIEGO, Calif. /California Newswire/ -- Stephanie Summers, a Frederick, MD-based financial advisor with Kramer Wealth Managers, affiliated with FSC Securities Corporation, was featured as a keynote speaker at Advisor Group's annual W Forum conference, held in San Diego, Calif. February 6-8, 2023.
Lock volume for January 2023 broken out by transaction type

MCTlive! Lock Volume Indices: January 2023 Data represents a balanced cross section of several hundred lenders among retail, correspondent, wholesale, and...

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT®), the leader in capital markets software and services supporting more lenders with hedging and pipeline management solutions than any other single provider, is pleased to present the MCTlive! Lock Volume Indices for January 2023. MCT Data represents a balanced cross section of several hundred lenders among retail, correspondent, wholesale, and consumer direct channels.
Jim Enes of Sequoia Real Estate

Sequoia Real Estate in San Francisco Adds Regional Sales Manager to Grow Business and Maintain Unique Culture

SAN FRANCISCO, Calif. /California Newswire/ -- Statewide growth and local expertise - while that may sound like a bit of an oxymoron - it's actually what Sequoia Real Estate has in mind for its future. And Jim Enes, a Bay Area native, is the right person to propel its growth. He's been hired as the company's Regional Sales Manager and brings more than 32 years of experience to the table.
We Inspect LLC

We Inspect LLC in San Diego Acquires Certified Mold Inspections and The Mold Guy

SAN DIEGO, Calif. /California Newswire/ -- We Inspect, LLC, a global mold inspection, consulting and health technology company, recently acquired Certified Mold Inspections and The Mold Guy. Its acquisitional goal is to unify these individually-owned family businesses under one name and to better serve the community as a whole.
KROST CPAs

KROST CPAs in Los Angeles Welcomes Grant Miller as Principal of Tax

LOS ANGELES, Calif. /California Newswire/ -- Los Angeles-based CPA firm, KROST CPAs & Consultants, welcomes Grant K. Miller, CPA, EA, as Principal of Tax. To begin his new role as Tax Principal, Grant will be based in our Woodland Hills office and he will provide direction and leadership to further the success of our tax department. He will also work closely with clients to manage their expectations for deliverables, services, and budgets.
MCT - Mortgage Capital Trading

Fintech Innovation Firm, MCT, is First to Integrate with Freddie Mac’s Income Limits API

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, is pleased to announce it is the first secondary marketing platform to integrate with Freddie Mac's Income Limits application programming interface (API) created for the first-time home buyer area median income (AMI) limits. Income Limits allows for the accurate pricing of Credit Fee in Price (Exhibit 19, or "Credit Fees") waivers.
Sonya Weaver-Johnson, MBA

Sage Investment Club, a California African American Women Partnership, Celebrates 25 Years of Stock Market Education

LOS ANGELES, Calif. /California Newswire/ -- Sage Investment Club, an investment firm managed by an all-female, African American leadership team, today celebrates 25 years since the launch of its investment platform. Founded by Sonya Weaver-Johnson, the group offers investment education and co-investment opportunities.
TMC Emerging Technology Fund LP

TMC Emerging Technology Fund LP Invests in TRAiNED Inc., in a $1 million Simple Agreement for Future Equity

SAN DIEGO, Calif. /California Newswire/ -- The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry, announced today that the TMC Emerging Technology Fund LP (the "Fund") recently participated in a $1 million Simple Agreement for Future Equity (SAFE) funding round for TRAiNED, Inc.
MCTlive! Lock Volume Indices Data for December 2022

MCTlive! Lock Volume Indices Data for December 2022 Released by Mortgage Capital Trading, Inc.

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT®), the leader in capital markets software and services supporting more lenders with hedging and pipeline management solutions than any other single provider, is pleased to present the MCTlive! Lock Volume Indices for December 2022. MCT Data represents a balanced cross section of several hundred lenders among retail, correspondent, wholesale, and consumer direct channels.
Shelli Holland, Chief People Officer

Shelli Holland, Chief People Officer, joins Sales Boomerang and Mortgage Coach

IRVINE, Calif. /California Newswire/ -- Sales Boomerang, the mortgage industry's top-rated automated borrower intelligence and retention system, and Mortgage Coach, a platform empowering mortgage lenders to educate borrowers with interactive home loan presentations, today announced the appointment of Shelli Holland to the role of Chief People Officer.
Casey Martin of Sales Boomerang and Mortgage Coach

Mortgage Coach and Sales Boomerang add Casey Martin to the exec team as chief revenue officer

IRVINE, Calif. /California Newswire/ -- Sales Boomerang, the mortgage industry's top-rated automated borrower intelligence and retention system, and Mortgage Coach, a platform empowering mortgage lenders to educate borrowers with interactive home loan presentations, today announced the appointment of Casey Martin as chief revenue officer.
Lock volume for November 2022 broken out by transaction type

MCTlive! Lock Volume Indices: November 2022 Data for Housing Markets

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT®), the leader in capital markets software and services supporting more lenders with hedging and pipeline management solutions than any other single provider, is pleased to present the MCTlive! Lock Volume Indices for November 2022. MCT Data represents a balanced cross section of several hundred lenders among retail, correspondent, wholesale, and consumer direct channels.
MCT - Mortgage Capital Trading

MCT Launches BAMCO, a Co-issue Loan Sale Marketplace for Finance Industry

SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, announced the release of BAMCO, a new marketplace for co-issue loan sales. Co-issue loan sales, also known as flow-based mortgage servicing rights (MSR) sales, are a three-way transaction involving the sale of loans to one of the agencies with a simultaneous sale of the MSRs to a separate third party.

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