San Diego Business
Mortgage Volume Continues Downward Trend in Latest MCT November 2023 Indices Report
SAN DIEGO, Calif. — Mortgage Capital Trading, Inc. (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, reported today a drop of 17.76% in mortgage lock volume over the prior month….
The Mortgage Collaborative Selects 2024 Board of Directors and Advisory Council
SAN DIEGO, Calif. — The Mortgage Collaborative (TMC), the nation’s largest independent cooperative network serving the mortgage industry, today announced its 2024 Board of Directors and Advisory Council….
TMC Emerging Technology Fund LP Invests in Halcyon
SAN DIEGO, Calif. — The Mortgage Collaborative (TMC), the nation’s largest independent cooperative network serving the mortgage industry, announced today that the TMC Emerging Technology Fund LP (the “Fund”) has made its latest investment in Halcyon. Halcyon’s suite of services provides financial institutions with a 360-degree financial relationship with its customers by affordably expanding their offerings to include investment advisory, IRS transcripts and tax preparation services….
High Rates and Low Supply Drag Down Mortgage Volume in MCT October Indices Report
SAN DIEGO, Calif. — Mortgage Capital Trading, Inc. (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, reported today a significant dip of 13.29% in mortgage lock volume over the prior month….
Mortgage Capital Trading Named Best Place To Work 2023 By SDBJ
SAN DIEGO, Calif. — Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced that it has been named one of the Best Places to Work 2023 by the San Diego Business Journal (SDBJ) in the medium-sized company category (50 – 249 U.S. employees)….
Mortgage Lock Volume Dips Slightly in Response to Rising Rates in September MCT Indices Report
SAN DIEGO, Calif. — SAN DIEGO, Calif., Sept. 5, 2023 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, reported today a slight 4.76% decline in mortgage lock volume over the prior month. The slight dip in mortgage lock volume is likely attributed to an increase in mortgage rates through the last month….
Opposition to AB-1147 Gains Momentum: Advocates Raise Concerns Over Consumer Voice
SAN DIEGO, Calif. — Assembly Bill 1147 (AB-1147) is under scrutiny as concerns mount over its potential impact on the voice of consumers and the democratization of decision-making. Leading this charge is Dr. Henny Kupferstein, a vocal advocate and DDS consumer who has rallied opposition against the bill, and who is a candidate for Assembly #77 coastal San Diego 2024. AB-1147 is scheduled for a hearing, and its implications have ignited a wave of concern among consumers and advocates alike….
MCT Appoints Steve Pawlowski Head of Technology Solutions to Continue Industry-Changing Innovation
SAN DIEGO, Calif. — Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, today announced the appointment of Steve Pawlowski as Managing Director, Head of Technology Solutions. Mr. Pawlowski will be responsible for expanding upon MCT’s proven record of driving efficiency and liquidity in the secondary market. He will report directly to MCT’s COO, Phil Rasori….
July’s Mortgage Lock Volume Flat Amongst Rising Rates in Latest MCT Indices Report
SAN DIEGO, Calif. — Mortgage Capital Trading, Inc. (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, reported today a relatively flat .44% increase in mortgage lock volume over the prior month. Visit MCT’s site to download the full report….
Monthly Lock Volume Increases 31% in Latest MCT Indices Report
SAN DIEGO, Calif. — Mortgage Capital Trading, Inc. (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, reported today a 31% increase in lock volume in June. Visit MCT’s website to download the full report. The increase in June’s lock volume activity, which is based on actual locked loans, comes after a 15% drop in May’s total lock production….