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Tag Archives | secondary mortgage markets

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 […]

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Patented Technology Allows Mortgage Buyers to Transact with Any Seller on MCT Marketplace

SAN DIEGO, Calif., Aug. 8, 2024 (SEND2PRESS 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 […]

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Mortgage Interest Rate Sensitivity Triggers 25% Spike in May Rate-and-Term Refinance Activity

PLANO, Texas, June 13, 2024 (SEND2PRESS NEWSWIRE) — Optimal Blue today released its May 2024 Market Advantage mortgage data report, which revealed a 25.6% month-over-month (MoM) spike in rate-and-term mortgage refinances. The spike was a response to a modest drop in the Optimal Blue Mortgage Market Indices (OBMMI) 30-year conforming rate, which ended the month […]

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