SAN DIEGO, Calif. /California Newswire/ — MCT Trading, Inc., a recognized leader in mortgage pipeline hedging and risk management services, announced that Kevin Miller has joined the company in the capacity of trading analyst. Miller will work on MCT's capital markets trading team to provide clients with independent analysis, training, hedging strategies and loan sale execution services.
MCT provides dedicated trading analysts for each of its clients to deliver one-on-one, immediate customer support and accessibility throughout the business day.
Miller has more than 10 years experience working in the mortgage banking industry in a variety of origination, operations and secondary marketing roles. Before MCT, he was a trade analyst at Ally Bank for seven years where he managed $100 million in trades per day. Miller has also held various positions at Interchange Bank, PHH Mortgage and Cendant Mortgage.
"As we add new clients, we are also taking measures to ensure that our operational infrastructure and adequate staff resources are in place to continue to provide instant support and guidance for our hedging advisory services," said Curtis Richins, president of MCT. "Our clients rely heavily on us as their long-term trusted advisor for hedging and risk management strategies in secondary marketing. We have been very successful in building an effective hedging model and a highly responsive trading team that is intensely focused on customer service. This is why we have nearly a 100 percent client retention rate."
Miller holds a bachelor of science in finance from Villanova University. He will be based in MCT's Philadelphia-based trading desk.
About Mortgage Capital 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, Charlotte, and San Francisco. MCT is recognized as a leading provider of mortgage pipeline hedging service and currently supports more than 85 clients on the HALO (Hedging And Loan Sales Optimization) Program. MCT also offers a service that effectively outsources a centralized lock desk for mortgage bankers called LockCentral. For more information, please visit www.mct-trading.com or call (619) 543-5111.