Tag: mortgage hedge advisory
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MCT’s Bid Auction Manager (BAM) Technology Automates Tri-Party Agreement for Investors’ Bid Tape AOT Loan Sale Executions
SAN DIEGO, Calif. — Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced automation of the Tri-Party Agreement required between lenders, investors, and broker dealers during Assignment Of Trade (AOT) transactions in the secondary market. The functionality is built into MCT’s Bid Auction Manager(TM) (BAM) bid tape management…