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MCT Announces 2.5% Increase in Mortgage Lock Volume Despite October 2024 Market Volatility
SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, reported a 2.5% increase in mortgage lock volume compared to the previous month. Mortgage market professionals and industry enthusiasts are invited to download MCT's comprehensive report to gain deeper insights into the current market dynamics.
Fintech Innovator, MCT, Empowers Mortgage Hedging Performance with Customized Spec Durations
SAN DIEGO, Calif. /CALIFORNIA NEWSWIRE/-- Mortgage Capital Trading, Inc. (MCT), the de facto leader in innovative mortgage capital markets technology, announced today an improvement to functionality through customizable duration analysis for specified loan products. Mortgage lenders using the comprehensive capital markets platform MCTlive! now have the ability to increase, review, and refine the granularity of their spec durations, leading to more precise hedging and reduced basis risk.
Informative Research Brings its Mortgage Verification Platform to the Dark Matter Exchange Network
GARDEN GROVE, Calif. /CALIFORNIA NEWSWIRE/ -- Informative Research, a premier technology provider delivering data-driven credit and verification solutions to the lending community, today announced it has made its Verification Platform solution available in the Dark Matter Technologies (Dark Matter) Exchange℠ service network to streamline verification of income (VOI) and verification of employment (VOE) for more lenders.
CapitalW Collective Announces Katten as Corp. Sponsor, Supporting Women in Mortgage Capital Markets
SAN DIEGO, Calif. /CALIFORNIA NEWSWIRE/ -- CapitalW Collective, the glass shattering 501(c)(3) benefiting women and their allies in mortgage capital markets, today announced Katten Muchin Rosenman LLP as a new corporate sponsor. This strategic collaboration marks a significant step forward in CapitalW Collective's mission "to create more inclusive mortgage capital markets, one woman and ally at a time."
Secured Signing Launches Integration with Okta for Enhanced Single Sign-On Experience (SSO)
MOUNTAIN VIEW, Calif. /CALIFORNIA NEWSWIRE/ -- Secured Signing is excited to announce its official integration with Okta, a leading identity management solution, to deliver seamless and secure Single Sign-On (SSO) capabilities. This integration enhances user experience and security for employees, contractors, and business partners, ensuring they have quick, reliable access to the tools they need to perform at their best.
MCT Expands MSR Valuation Options with AD&Co Prepayment Model: Precision and Confidence for MSR Managers
SAN DIEGO, Calif. /CALIFORNIA NEWSWIRE/ -- Mortgage Capital Trading, Inc. (MCT), the de facto leader in innovative mortgage capital markets technology, today announced the integration of the LoanDynamics Model (LDM) from Andrew Davidson & Co. (AD&Co) into their mortgage servicing rights (MSR) valuation software. LDM is a well-respected prepayment model for residential mortgages that will complement MCT's proprietary prepayment model in MSRlive!
MCT Reports 3% Increase in Mortgage Lock Volume, Refinance Activity Buoys Market in Q3/24
SAN DIEGO, Calif. /CALIFORNIA NEWSWIRE/ -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced today a 3.17% increase in mortgage lock volume compared to the previous month. The report highlights key market dynamics, offering industry professionals valuable insights. Industry professionals and enthusiasts are invited to download the complete report for comprehensive insights into the market dynamics.
IRS Advance Notice by IRS Solutions Software Named as a 2024 Tax and Technology Innovation Award Finalist
VALENCIA, Calif. /CALIFORNIA NEWSWIRE/ -- IRS Solutions® announces that its cutting-edge feature, IRS Advance Notice™ (IAN), has been named a finalist for the CPA Practice Advisor 2024 Tax and Technology Innovation Award. The revolutionary new technology tracks and alerts their members to IRS transcript changes, streamlining tax resolution, improving client service, and offering steady, year-round income for tax professionals.
MCT Reports 3% Increase in Mortgage Lock Volume Backed by Increased Refinance Activity
SAN DIEGO, Calif., /CALIFORNIA NEWSWIRE/ -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced today a 3.33% increase in mortgage lock volume compared to the previous month. Despite a larger increase in rate/term volume, total mortgage volume remains relatively flat.
Calif. Legislature Approves Landmark IVF Bill to Require Insurance Coverage for Fertility Healthcare, Sending Measure to Gov. Newsom
SACRAMENTO, Calif. /CALIFORNIA NEWSWIRE/ -- The California State Legislature approved Senate Bill 729, authored by State Senator Caroline Menjivar (D-San Fernando Valley) and sponsored by California State Insurance Commissioner Ricardo Lara, with bipartisan support today sending the measure to Governor Newsom's desk with votes of 55-0 in the Assembly and 30-8 in the Senate.
Secured Signing Notary Community enables notaries to connect with clients online, receive jobs, and chat directly
MOUNTAIN VIEW, Calif. /California Newswire/ -- Secured Signing, a frontrunner in the realm of digital signature and remote online notarization solutions, is thrilled to unveil a series of substantial upgrades to its Notary Community platform. These enhancements are meticulously crafted to empower notaries to broaden their client base, attract many business opportunities, and optimize their workflow efficiency.
Patented Fintech Allows Mortgage Buyers to Transact with Any Seller on MCT Marketplace
SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, today announced that the company has been awarded a patent for the security spread commitment used in the industry's largest mortgage asset exchange: MCT Marketplace. The security spread commitment transforms loan auctions, turning shadow bids into executable prices.
MCT Reports a 6% Mortgage Lock Volume Decrease in Latest July 2024 Report
SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced today a decrease of 5.67% in mortgage lock volume compared to the previous month. Industry professionals and enthusiasts are invited to download the complete report for comprehensive insights into the market dynamics.
Informative Research’s Kelly Richards Receives 2024 MPA Elite Women Award
IRVINE, Calif. /California Newswire/ -- Informative Research, a leading technology platform that delivers data-driven solutions to the lending community, announced today that Kelly Richards, Head of Sales Support, has been named a winner of the MPA Elite Women 2024 by Mortgage Professional America (MPA). This award recognizes exceptional female leaders who have significantly contributed to the mortgage industry.
Informative Research Enhances Verification Platform through Expanded Integration with The Work Number from Equifax
GARDEN GROVE, Calif. /California Newswire/ -- Informative Research, a leading technology platform delivering data-driven solutions to the lending community, today announced the expansion of its verification platform through the integration of additional Equifax solutions that leverage The Work Number®, the industry-leading commercial source of consolidated income and employment information.
Informative Research Adds Process Transformation Expert, Brandon Hall as New EVP of Operations
GARDEN GROVE, Calif. /California Newswire/ -- Informative Research, a leading technology platform that delivers data-driven solutions to the lending community, has named Brandon Hall as its new executive vice president (EVP) of operations. Hall brings over 20 years of experience driving operational excellence within the financial services sector and is known for implementing innovative process improvements, fostering cross-functional collaboration and leading through change.
MCT Integrates with Fannie Mae’s Mission Score API and New Product Grids to Empower Originators to Take Advantage of Market Incentives
SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced the launch of new integrations with Fannie Mae's Mission Score application programming interface (API) and Mission Score 2 and 3 product grids that provide better transparency and pricing for mortgages aligned with Fannie Mae's mission objectives.
Remote Online Notarization Innovator, Secured Signing, Scales Up with Strategic Leadership & Global Expansion
MOUNTAIN VIEW, Calif. /California Newswire/ -- Secured Signing, a leading provider of secure Digital Signatures and Remote Online Notarization platform, today announced a significant growth, fueled by a visionary leadership change and strategic team expansion.
MCT and Lender Price announce partnership to Improve Mortgage Pricing with Loan-Level MSR Values
SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading (MCT®), the de facto leader in innovative mortgage capital markets technology, and Lender Price, the first cloud-native provider of mortgage pricing technology, have partnered to provide mortgage lenders using the Lender Price product and pricing engine (PPE) with loan-level MCT MSR values. MCT's industry-leading mortgage servicing rights (MSR) grids allow Lender Price PPE clients to be more granular, profitable, and efficient when generating their front-end borrower pricing and managing their MSR portfolio.
MCT Reports A 7% Mortgage Lock Volume Increase In Latest May 2024 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 6.78% 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.
Newly Launched CapitalW Collective is Educating, Elevating, and Empowering Women in Mortgage
SAN DIEGO, Calif. /California Newswire/ -- CapitalW Collective (CapitalW), the glass shattering non-profit benefiting women and their allies in mortgage capital markets, today announced its successful debut within the mortgage industry. Officially launched on May 1, 2024, CapitalW made its first appearance at the Mortgage Bankers Association Secondary and Capital Markets Conference in New York May 19-21, 2024.
Remote notarization is streamlined with Secured Signing’s new features
MOUNTAIN VIEW, Calif. /California Newswire/ -- Secured Signing, a leader in remote online notarization (RON) solutions, announces a suite of innovative features designed to streamline the online document signing and notarization process. These enhancements empower both notaries and singers to experience a smoother, more secure, and efficient experience.
New Fintech Solution Connects API-Driven Back-End to Front-End Pricing with Industry-First Features
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 the Base Rate Generator, an industry-changing solution that allows mortgage lenders to directly inform their front-end rate sheet pricing with their back-end capital markets executions. By combining live agency API connections, co-issue executions, aggregator pricing, and custom TBA indications, the MCT Base Rate Generator allows mortgage lenders to improve margin management and competitive performance.
Mortgage Capital Trading, Inc. Reports A 2% Lock Volume Increase Despite Rising Rates
SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, today reported a 1.87% increase 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.
Informative Research Adds Mortgage Finance Expert Kurt Raymond CMB as SVP
GARDEN GROVE, Calif. /California Newswire/ -- Informative Research, a leading technology platform that delivers data-driven solutions to the lending community, announced it has expanded its team to add mortgage industry veteran Kurt Raymond, CMB as Senior Vice President and Borrower Journey Engineer. The move reflects Informative Research's commitment to helping lenders streamline origination costs and enhance the borrower experience.
MCT Launches Complete Best Execution with Fully Integrated Retain vs. Release MSR Decisioning
SAN DIEGO, Calif. /California Newswire/ -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, proudly introduces a game-changing advancement: a Best Ex for Released and Retained all in one platform!
Secured Signing for Bullhorn now uses AI to automatically send documents for digital signatures
MOUNTAIN VIEW, Calif. /California Newswire/ -- Secured Signing, a pioneer in digital signatures and remote online notarization solutions, is thrilled to announce the release of a revolutionary new feature designed exclusively for Bullhorn users. Secured Signing integrates with Bullhorn and provides a one stop Digital Signature solution that delivers a full range of form completion and eSigning capabilities.
MCT Reports A 15% Lock Volume Increase Heading Into 2024 Home Buying Season
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 15.36% 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.
Informative Research Announces Manual VOI Integration with Veri-Tax
GARDEN GROVE, Calif. /California Newswire/ -- Informative Research, a leading technology platform that delivers data-driven solutions to the lending community, announced the integration of Veri-Tax, the market leader in delivering the industry's fastest verifications, into its proprietary Verification Platform. The integration merges Informative Research's platform with Veri-Tax's verification services so lenders can access advanced validation tools that elevate the accuracy and reliability of borrower information.
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 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 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.
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 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.
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.
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 (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.
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 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 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.
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.
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 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 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.
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) 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).
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).
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.
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.
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.