46
MCT BRINGS
LOAN-LEVEL
PRICING TO MSR
BUYERS
Mortgage Capital Trading (MCT) has
announced a new technology for mortgage
servicing rights (MSR) buyers to produce
more granular pricing for mortgage
servicing. e new feature leverages an
application programming interface (API) to
connect MSRlive!, MCT's 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 develop a pricing strategy
that includes key loan-level characteristics,
such as property location, FICO, loan-
to-value (LTV ), and more in real time to
evaluate a comprehensive set of data that
contributes to a winning pricing strategy.
e software provides a strategic
approach achieved by leveraging a granular
set of data which will result in fewer
missteps. e 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.
"e 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," said 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."
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