SAN DIEGO, Calif. /California Newswire/ — San Diego-based MCT Trading, Inc., a recognized industry leader in mortgage risk management providing pipeline hedging, best-execution loan sales and centralized lock desk services, announced that its COO, Phil Rasori, was named one of the Top 40 Most Influential Mortgage Professionals Under 40 by National Mortgage Professional magazine. Rasori earned a spot on the list largely for his lead role in architecting and launching MCTlive!.
MCTlive! is a comprehensive hedging, trading and best execution technology platform that gives lenders robust tools to manage their day-to-day loan pipeline and trade positions in real-time. The solution offers rich online features and real-time analytics for secondary marketing departments.
Rasori was the chief architect of MCTlive! He oversaw development of the solution, which was built in conjunction with multiple MCT hedging clients over four years. Much of the functionality was requested by actual secondary marketing managers for their daily use in making hedging and loan sale decisions. The completely browser-based application can be accessed by any internet-enabled device whether fixed or mobile.
National Mortgage Professional magazine cites individuals who make the list as being executives who continue to forge forward, lead by example, set the bar high for education, professionalism and excellence in the mortgage industry.
"What Phil accomplished with MCTlive! is extremely impressive and we are elated that National Mortgage Professional magazine honored him," commented Curtis Richins, president of MCT. "His forward-thinking and innovative approach to the development of MCTlive! demonstrates that he is indeed a rare talent in the capital markets space. Since the official launch of MCTlive!, it has been well-received by our clients and is exceeding our expectation for adoption with new clients."
Notable is that Mr. Rasori's diligent work with MCTlive!(TM) won the company Mortgage Technology magazine's coveted 2014 Release of the Year Award. The award recognizes a new software, platform, alliance or initiative that's expected to have the broadest future impact on the mortgage industry.
He is also responsible for designing MCT's proprietary pipeline hedging and loan sale program — HALO — which combines market-proven pipeline hedging disciplines with best-execution negotiated loan sales services. HALO has helped over 200 lenders effectively manage risk and achieve greater profitability.
Rasori is widely regarded as an authority on the subject of capital markets, he is regularly invited to speak on secondary marketing focused panels, and attends national as well as state held mortgage banking conferences.
About MCT Trading, Inc.:
MCT Trading (MCT) 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, San Francisco and Charlotte. MCT is recognized leader in the industry and currently supports more than 100 clients on the HALO (Hedging And Loan sales Optimization) Program.
The company also develops and supports MCTlive!(TM), an award-winning real-time, trading and best-execution secondary marketing platform. MCT's LockCentral is the industry's largest outsourced centralized lock desk service.
For more information, please visit http://www.mct-trading.com/ .
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