Tag: San Diego Business
MCT Reports a 15% Decrease in Mortgage Lock Volume Amid Higher Rates
SAN DIEGO, Calif., Dec. 11, 2024 (SEND2PRESS NEWSWIRE) -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, has announced a 15.12% decrease in mortgage lock volume compared to the previous month. The data, reflecting current market dynamics, is available in MCT's latest report, which offers in-depth analysis and insights for industry professionals and stakeholders.
MCT Announces 2.5% Increase in Mortgage Lock Volume Despite October Market Volatility
SAN DIEGO, Calif., Nov. 15, 2024 (SEND2PRESS NEWSWIRE) -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, reported a 2.5% increase in mortgage lock volume compared to the previous month. Mortgage market professionals and industry enthusiasts are invited to download MCT's comprehensive report to gain deeper insights into the current market dynamics.
IEP Careers and IEP Physician Search Secure Partnership with ISASS to Assist Placing Spine Surgeons
SAN DIEGO, Calif., Nov. 11, 2024 (SEND2PRESS NEWSWIRE) -- The International Society for the Advancement of Spine Surgery (ISASS) has teamed up with Magnifi Group, Inc. to assist its surgeon members in securing their next career opportunity. This partnership gives ISASS surgeon members access to both the IEP Careers Job Board and the IEP Physician Search Solutions.
MCT Empowers Mortgage Hedging Performance with Customized Spec Durations
SAN DIEGO, Calif., Oct. 24, 2024 (SEND2PRESS NEWSWIRE) -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced today an improvement to functionality through customizable duration analysis for specified loan products. Mortgage lenders using the comprehensive capital markets platform MCTlive! now have the ability to increase, review, and refine the granularity of their spec durations, leading to more precise hedging and reduced basis risk.
Legalize Ferrets Pauses Lawsuit, Files Petition for Regulatory Change with California Office of Administrative Law
SAN DIEGO, Calif., Oct. 11, 2024 (SEND2PRESS NEWSWIRE) -- Legalize Ferrets, the grassroots organization advocating for the legalization of domestic ferrets in California, has announced a strategic pause in its ongoing lawsuit in San Diego Superior Court. The decision follows the filing of a petition for regulatory change with the California Office of Administrative Law (OAL), marking a new approach in the effort to challenge the state's longstanding ban on ferrets.
Katten and CapitalW Collective Align to Support Women in Mortgage Capital Markets
SAN DIEGO, Calif., Oct. 11, 2024 (SEND2PRESS NEWSWIRE) -- CapitalW Collective, the glass shattering 501(c)(3) benefiting women and their allies in mortgage capital markets, today announced Katten Muchin Rosenman LLP as a new corporate sponsor. This strategic collaboration marks a significant step forward in CapitalW Collective's mission "to create more inclusive mortgage capital markets, one woman and ally at a time."
IEP Physician Search to Assist Capitol Pain Institute to Place Pain Management Physicians
SAN DIEGO, Calif., Oct. 9, 2024 (SEND2PRESS NEWSWIRE) -- IEP Physician Search concluded a physician placement agreement with Capitol Pain Institute (CPI), a leading pain management center based in Austin, Texas, with facilities in Texas, Ohio, Kentucky, Colorado, and Indiana. IEP Physician Search, with the largest database of Pain and Orthpaedic surgeons in the US, will leverage its unique position in the medical education and staffing industries to assist CPI in finding its perfect match.
MCT Expands MSR Valuation Options with AD&Co Prepayment Model
SAN DIEGO, Calif., Oct. 8, 2024 (SEND2PRESS NEWSWIRE) -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, today announced the integration of the LoanDynamics Model (LDM) from Andrew Davidson & Co. (AD&Co) into their mortgage servicing rights (MSR) valuation software. LDM is a well-respected prepayment model for residential mortgages that will complement MCT's proprietary prepayment model in MSRlive!
MCT Reports 3% Increase in Mortgage Lock Volume, Refinance Activity Buoys Market
SAN DIEGO, Calif., Oct. 3, 2024 (SEND2PRESS NEWSWIRE) -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced today a 3.17% increase in mortgage lock volume compared to the previous month. The report highlights key market dynamics, offering industry professionals valuable insights. Industry professionals and enthusiasts are invited to download the complete report for comprehensive insights into the market dynamics.
MCT Reports a 3% Increase in Mortgage Lock Volume Backed by Increasing Refinance Activity
SAN DIEGO, Calif. /ScoopCloud/ -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced today a 3.33% increase in mortgage lock volume compared to the previous month. Despite a larger increase in rate/term volume, total mortgage volume remains relatively flat.
Magnifi Group Teams up with Kalon Staffing to Launch IEP Physician Search – Specifically Targeting Fellows
SAN DIEGO, Calif. /ScoopCloud/ -- Magnifi Group, Inc. and Kalon Staffing, LLC, today announced the launch of IEP Physician Search - iep-search.com - a Fellows search service to place Orthopaedic, Pain Management and Electrophysiology (EP) Fellows in US Medical Centers.
Patented Technology Allows Mortgage Buyers to Transact with Any Seller on MCT Marketplace
SAN DIEGO, Calif. /ScoopCloud/ -- 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 bids into executable prices.
MCT Reports a 6% Mortgage Lock Volume Decrease in Latest Report
SAN DIEGO, Calif. /ScoopCloud/ -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced today a decrease of 5.67% in mortgage lock volume compared to the previous month. Industry professionals and enthusiasts are invited to download the complete report for comprehensive insights into the market dynamics.
MCT Integrates with Fannie Mae’s Mission Score API and New Product Grids to Empower Originators to Take Advantage of Market Incentives for Mission-oriented Lending
SAN DIEGO, Calif. /ScoopCloud/ -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced the launch of new integrations with Fannie Mae's Mission Score application programming interface (API) and Mission Score 2 and 3 product grids that provide better transparency and pricing for mortgages aligned with Fannie Mae's mission objectives.
MCT and Lender Price Join Forces to Improve Mortgage Pricing with Loan-Level MSR Values
SAN DIEGO, Calif. /ScoopCloud/ -- Mortgage Capital Trading (MCT®), the de facto leader in innovative mortgage capital markets technology, and Lender Price, the first cloud-native provider of mortgage pricing technology, have partnered to provide mortgage lenders using the Lender Price product and pricing engine (PPE) with loan-level MCT MSR values. MCT's industry-leading mortgage servicing rights (MSR) grids allow Lender Price PPE clients to be more granular, profitable, and efficient when generating their front-end borrower pricing and managing their MSR portfolio.
MCT Reports A 7% Mortgage Lock Volume Increase In Latest Indices Report
SAN DIEGO, Calif. /ScoopCloud/ -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced today an increase of 6.78% in mortgage lock volume compared to the previous month. To gain comprehensive insights into the market dynamics, industry professionals and enthusiasts are invited to download the complete report.
CapitalW Collective: Educating, Elevating, and Empowering Women in Mortgage Capital Markets
SAN DIEGO, Calif. /ScoopCloud/ -- CapitalW Collective (CapitalW), the glass shattering non-profit benefiting women and their allies in mortgage capital markets, today announced its successful debut within the mortgage industry. Officially launched on May 1, 2024, CapitalW made its first appearance at the Mortgage Bankers Association Secondary and Capital Markets Conference in New York May 19-21.
Foundation for a Drug-Free World Reaches Out at the 79th Annual National PAL Training Conference to Empower Youth With Effective Drug Education
SAN DIEGO, Calif. /ScoopCloud/ -- Centers for Disease Control and Prevention reports drug overdoses are killing young Americans in unprecedented numbers. To help turn the tide on this epidemic, Foundation for a Drug-Free World reached out to those attending the annual National Police Athletic and Activities League (PAL) Training Conference at the Wyndham San Diego Bayside Hotel May 7 - May 10.
New Solution Connects API-Driven Back-End Execution to Front-End Pricing with Industry-First Features
SAN DIEGO, Calif. /ScoopCloud/ -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, today announced the release of the Base Rate Generator, an industry-changing solution that allows mortgage lenders to directly inform their front-end rate sheet pricing with their back-end capital markets executions. By combining live agency API connections, co-issue executions, aggregator pricing, and custom TBA indications, the MCT Base Rate Generator allows mortgage lenders to improve margin management and competitive performance.
Long Time Ferret Activist Pat Wright Files Lawsuit Against California Fish and Game Commission President Eric Sklar
LA MESA, Calif. /ScoopCloud/ -- Pat Wright, a resident of La Mesa, California, has filed a lawsuit against Eric Sklar, President of the California Fish and Game Commission in San Diego Superior Court, challenging the arbitrary classification of domestic ferrets as wild animals. The lawsuit, titled Wright v. Sklar, was filed in the San Diego Superior Court and seeks a writ of mandate and declaratory relief. Wright is the founder of LegalizeFerrets.org.
MCT Reports A 2% Lock Volume Increase Despite Rising Rates
SAN DIEGO, Calif. /ScoopCloud/ -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, today reported a 1.87% increase in mortgage lock volume compared to the previous month. To gain comprehensive insights into the market dynamics, industry professionals and enthusiasts are invited to download the complete report.
MCT Launches Complete Best Execution, Now Including Fully Integrated Retain vs. Release MSR Decisioning
SAN DIEGO, Calif. /ScoopCloud/ -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, proudly introduces a game-changing advancement: a Best Ex for Released and Retained all in one platform!
MCT Reports A 15% Lock Volume Increase Heading Into Buying Season
SAN DIEGO, Calif. /ScoopCloud/ -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced today an increase of 15.36% in mortgage lock volume compared to the previous month. To gain comprehensive insights into the market dynamics, industry professionals and enthusiasts are invited to download the complete report.
MCT Reports a 20.9% Increase In Mortgage Lock Volume Amidst Rising Rates
SAN DIEGO, Calif. /ScoopCloud/ -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, has reported a 20.9% increase in mortgage lock volume in February compared to the previous month. To gain comprehensive insights into the market dynamics, industry professionals and enthusiasts are invited to download the complete report.
MCT Releases Custom TBA Indications to Provide Price Discovery for Illiquid Coupons
SAN DIEGO, Calif. /ScoopCloud/ -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, today announced the release of pricing indications for the to-be-announced mortgage-backed securities (TBAs) used by mortgage lenders to hedge their open mortgage pipelines. TBA indications improve transparency in illiquid market segments and act as a key reference point on lenders' unique executions - critical data for generating accurate front-end borrower pricing.
MCT Awarded HW Tech100 Mortgage Award for the 5th Consecutive Year
SAN DIEGO, Calif. /ScoopCloud/ -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, was announced as a 2024 HousingWire Tech100 Mortgage Winner for the 5th consecutive year. For more than a decade, HousingWire's Tech100 program has identified and recognized the most innovative technology companies serving the mortgage and real estate industries.
Monthly Mortgage Volume Increases 13.96% In Latest MCT Indices Report
SAN DIEGO, Calif. /ScoopCloud/ -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced today an increase of 13.96% in mortgage lock volume compared to the previous month. To gain comprehensive insights into the market dynamics, industry professionals and enthusiasts are invited to download the complete report.
Seasonal Lows Contribute to 13.71% Drop In Mortgage Volume
SAN DIEGO, Calif. /ScoopCloud/ -- Mortgage Capital Trading, Inc. (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, revealed today a 13.71% decline in mortgage lock volume compared to the previous month. To gain comprehensive insights into the market dynamics, industry professionals and enthusiasts are invited to download the complete report.
The Mortgage Collaborative closes 2023 with record-breaking ’12 Days of TMC’ in time for holiday congratulations
SAN DIEGO, Calif. /ScoopCloud/ -- The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry, has wrapped up its fourth annual 12 Days of TMC, a virtual conference running from November 30 to December 15, 2023. The online event, spread over three weeks, featured several keynote speakers.
Monthly Mortgage Volume Decreases 10.7% In Latest MCT Indices Report
SAN DIEGO, Calif. /ScoopCloud/ -- Mortgage Capital Trading, Inc. (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, today announced a 10.7% decrease in mortgage lock volume in November compared to the previous month. This revelation comes as part of MCT's monthly Lock Volume Indices report, offering valuable insights into the dynamic landscape of the residential mortgage industry.
The Mortgage Collaborative Adds Four Mortgage Industry Luminaries to 2024 Management Board of Directors
SAN DIEGO, Calif. /ScoopCloud/ -- The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry, today announced four additions to its 2024 Management Board of Directors.
Mortgage Volume Continues Downward Trend in Latest MCT November 2023 Indices Report
SAN DIEGO, Calif. /ScoopCloud/ -- 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. /ScoopCloud/ -- 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. /ScoopCloud/ -- 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. /ScoopCloud/ -- 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.