• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

CUSTOMER COMMENTARY

News About Finding & Keeping Customers

CUSTOMER COMMENTARY

News on Finding & Keeping Customers

  • HOME
  • CALL TRACKING
  • COMMUNICATIONS
  • EMAIL
  • MARKETING TECHNOLOGY
  • SOCIAL MEDIA
  • ABOUT/CONTACT

MCT Releases MSR Technology for Mortgage Servicers with Live Loan-Level Pricing

by

Bill Shirreffs

Mortgage Capital Trading (MCT), a mortgage hedge advisory and secondary marketing software firm, has introduced a new technology for mortgage servicing rights (MSR) buyers to produce more granular pricing for mortgage servicing. The feature leverages an application programming interface (API) to connect MSRlive!, MCT’s state-of-the-art MSR valuation platform to clients’ systems for more precise and accurate loan-level pricing in real time.

MCT’s objective is to ensure that its software additions drive more profitability and increase efficiencies. With MCT’s new API, users can effectively develop a pricing strategy that includes key loan-level characteristics, such as property location, FICO, loan-to-value (LTV), and much more in real-time to evaluate a comprehensive set of data that contributes to a winning pricing strategy.

The key takeaway of this new functionality is how it informs users and helps servicing buyers avoid over-paying for potentially underperforming assets. The system’s functionality provides insight for the servicing buyers to ensure that the pricing levels on a loan-by-loan basis are appropriate and justified. 

“The competitive landscape has exposed the challenges with applying static multiples across all LTVs and FICOs and has heightened the importance of a more strategic pricing strategy,” says Bill Shirreffs, head of MSR services and sales operations at MCT. “MCT’s MSRlive! API is specifically designed to provide granular, loan-level, MSR pricing based on your cost assumptions and return expectations. Ultimately, giving you more confidence.” 


Originally Appeared Here

Filed Under: MARKETING TECHNOLOGY

Primary Sidebar

Editor Picks

Dept. of Workforce Development: Unemployment insurance 2022 tax statements available online

Public hearings into RG&E billing and customer service issues begin Tuesday

PagerDuty for Customer Service in ServiceNow CSM Now Generally Available to Enable Real-Time, Direct Communication Between Customer Service and Technical Teams

Can OpenAI Tools Help Customer Service Reps Sound More Human?

Island Add Industry Veteran Richard Greene to its Executive Roster

UMusic Hotels and PUSHTech Announce Collaboration to Create Unique Music-Inspired Experiences for Guests

RocketRez Raises US$15 Million to Power the Future of Guest Experience at Tours and Attractions

Thumzup® Ad Tech Platform Empowers Companies and Brands

Blazer Agency Uses Advanced Technology to Assess and Enhance Performance for eCommerce Store ROI

Value and Customers – Tribune Online

Copyright © 2023 Customer Commentary · Privacy Policy · Terms & Conditions · Log in

Terms and Conditions - Privacy Policy