Tag Archives: San Diego Business

The Mortgage Collaborative Welcomes New Lender Members and Preferred Partners to Its Expanding Network

SAN DIEGO, Calif., April 4, 2025 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative (TMC), the nation’s largest independent cooperative network serving the mortgage industry, proudly announces the addition of several new lender members and preferred partners to its growing community. These organizations join TMC’s network of industry leaders committed to collaboration, innovation, and operational excellence.

Image caption: The Mortgage Collaborative.

The newest lender members of The Mortgage Collaborative include:

Zillow Home Loans
Old National Bank
Griffin Funding
CIS Home Loans
NEO Home Loans, powered by Better | Better Mortgage Corporation
AFC Mortgage Group
Pilgrim Mortgage

These lenders bring over 500 years of diverse expertise and innovative approaches to mortgage lending, strengthening TMC’s mission of fostering peer-to-peer collaboration and business growth within the industry.

Additionally, TMC welcomes the following preferred partners to its network:

HousingWire – A leading mortgage and housing industry news, insights, and analysis source.
Mortgage Workflow Partners (MWP) – A trusted consultancy optimizing mortgage workflow and operational efficiencies.
SocialCoach (Rejoining) – A premier social media automation and compliance platform for mortgage professionals.
Blend (Rejoining) – A digital lending platform streamlining the mortgage application and approval process.
Longbridge – A prominent reverse mortgage lender focused on expanding homeownership opportunities for seniors.

“TMC’s continued growth is a testament to the power of collaboration in today’s mortgage landscape,” said Jodi Hall, President & CEO of The Mortgage Collaborative. “We are thrilled to welcome these outstanding lenders and partners, each of whom brings valuable perspectives and expertise to our network. Their commitment to innovation and service aligns perfectly with our mission of driving positive change in the mortgage industry.”

As part of TMC’s dynamic network, these new members and partners will access exclusive resources, data benchmarking, best practices, and a highly engaged community of industry professionals dedicated to collective success.

For more information about The Mortgage Collaborative and its growing network, email TheMortgageCollaborative@mtgcoop.com.

About The Mortgage Collaborative

The Mortgage Collaborative (TMC) is a membership-driven organization dedicated to empowering mortgage lenders across the United States through networking, education, and advocacy. Our goal is to support the success of our members by fostering an environment of collaboration and innovation. For more information, visit https://www.mortgagecollaborative.com/.

LOGO link for media: https://www.mortgagecollaborative.com/uploads/1/2/6/5/126500393/editor/tmc-new-home-page-2.png

NEWS SOURCE: The Mortgage Collaborative

This press release was issued on behalf of the news source (The Mortgage Collaborative), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/the-mortgage-collaborative-welcomes-new-lender-members-and-preferred-partners-to-its-expanding-network/

The Mortgage Collaborative Helps Lender Member Resolve VA Loan Issue, Restoring Lender Authority

SAN DIEGO, Calif., March 27, 2025 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative (TMC) has once again demonstrated the power of its network by swiftly assisting lenders to resolve a critical VA lending issue that had stalled loan processing nationwide. Through rapid collaboration, direct engagement with the Department of Veterans Affairs (VA), and the persistence of key TMC members, impacted lenders regained their VA underwriting and insurance authority in just one week—ensuring veterans could move forward with their home purchases.

Image caption: The Mortgage Collaborative Network at Globe Life Field in Arlington, TX during the March Live Large, Think Big! TMC Conference.

On March 13, Max Leaman, CEO of LoanPeople, informed TMC Member Benefits Advocate Sarah Wood that a transition to the VA’s new PPM system had inadvertently stripped multiple lenders of their automatic authority and SAR designations. The widespread issue threatened to delay thousands of veteran home purchases, including three loans at immediate risk.

Despite repeated attempts by lenders to resolve the matter, progress had stalled.

“Our VA underwriting authority was unexpectedly revoked due to a systems issue,” said Leaman. “After two weeks and 30+ hours of calls with no resolution, I reached out to Sarah at TMC. She quickly connected us with key TMC members and brought in TMC Director of Membership Growth, Toni Bramley, and their work had us reinstated within 48 hours. This is exactly why TMC exists—when a member faces a challenge, the network mobilizes to find a solution and gets it done.”

Wood immediately engaged TMC’s member network, bringing in experienced VA lenders to strategize solutions. Industry leaders including Khash Sagahafi and Michelle Massucci (Liberty Home Mortgage Corporation), Kim Mason (Atlantic Bay Mortgage Corporation), and Teresa Rose (Western Ohio Mortgage Corp) provided critical guidance, shared contacts, and helped troubleshoot interim solutions to keep loans moving while compliance issues were addressed.

Support continued at TMC’s Live Large, Think Big! conference in Dallas (March 16-18), where Wood and Bramley worked behind the scenes, leveraging direct VA connections and coordinating efforts. By March 20, their persistence paid off—lenders had their VA automatic authority and SAR designations reinstated.

“TMC’s network is built on collaboration,” said Sarah Wood. “When a lender faces a challenge, no one hesitates to step in. It’s not just about fixing an issue—it’s about ensuring real people get into their homes. This was a true team effort, and I’m incredibly proud of the dedication that made it happen.”

TMC CEO and President Jodi Hall echoed this sentiment, saying “Sarah and Toni were relentless. Their dedication is a testament to how greater impact is achieved together and how our accountability to our members’ success drives everything we do.”

“This is a relationship-driven network, and that’s how you get things done,” added Toni Bramley.

For more information on TMC’s advocacy efforts or membership opportunities and benefits, contact Faith Howard-Mooney at fhoward-mooney@mtgcoop.com.

About The Mortgage Collaborative

The Mortgage Collaborative (TMC) is a membership-driven* organization dedicated to empowering mortgage lenders across the United States through networking, education, and advocacy. Our goal is to support the success of our members by fostering an environment of collaboration and innovation. For more information, visit http://www.mortgagecollaborative.com/

NEWS SOURCE: The Mortgage Collaborative

To view the original story, visit: https://www.send2press.com/wire/the-mortgage-collaborative-helps-lender-member-resolve-va-loan-issue-restoring-lender-authority/

CapitalW Collective Collaborates with Citizens to Advance Women in Mortgage Capital Markets

SAN DIEGO, Calif., March 19, 2025 (SEND2PRESS NEWSWIRE) — CapitalW Collective, a leading non-profit dedicated to increasing the representation of women and their allies in mortgage capital markets, proudly announces Citizens as a Diamond-level corporate sponsor. This partnership reflects a shared commitment to fostering a more inclusive and dynamic mortgage capital markets industry by providing education, mentorship, and leadership opportunities, particularly for underrepresented professionals.

Image caption: CapitalW Collective.

A Partnership for Progress

Citizens joins CapitalW Collective in its mission to equip women and their allies with the resources, networks, and support needed to succeed in mortgage capital markets. This partnership comes at a pivotal time of demographic asymmetry in key leadership and technical roles by women within the industry.

“We are honored to welcome Citizens as a corporate sponsor and collaborator to create greater awareness of career opportunities within mortgage capital markets through an emphasis on education to drive meaningful change,” said Amy Creason, CMB, co-founder, and Board Secretary at CapitalW Collective. “Citizens’ leadership and dedication to inclusion make them an invaluable partner in our mission to build a stronger, more representative industry.”

Building a More Inclusive Future

As a Diamond-level corporate sponsor and ally, Citizens will actively contribute to CapitalW Collective’s educational, networking, and mentorship initiatives designed to cultivate the next generation of leaders in mortgage capital markets. Additionally, teammates from Citizens will lend their expertise to share industry insights and best practices to help CapitalW Collective’s participants learn and grow in mortgage capital markets.

Deb Jones, CMB, Senior Vice President, and Director of Capital Markets at Citizens shared: “It is a great honor to support CapitalW Collective’s mission to educate, elevate, and empower. As a Board Member of CapitalW Collective, I have the privilege to “pay it forward” through the free programs we’re offering. Being involved in CapitalW Collective provides an outlet to give back to others what my mentors – both men and women – have given to me over my career and fill a development gap in the mortgage industry. I am proud that Citizens has joined an impressive team of sponsors, and I hope more lenders follow suit as a way to invest in their colleagues and grow organizational talent.”

About CapitalW Collective

CapitalW Collective is a 501(c)(3) non-profit comprised of female capital markets professionals and their allies that fosters an environment of learning, growth, recognition, and achievement. The organization is dedicated to supporting women in mortgage capital markets through a range of programs designed to foster leadership, professional development, and networking opportunities.

About Citizens Financial Group

Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial institutions, with $217.5 billion in assets as of December 31, 2024. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. Citizens helps its customers reach their potential by listening to them and by understanding their needs in order to offer tailored advice, ideas and solutions. In Consumer Banking, Citizens provides an integrated experience that includes mobile and online banking, a full-service customer contact center and the convenience of approximately 3,100 ATMs and approximately 1,000 branches in 14 states and the District of Columbia. Consumer Banking products and services include a full range of banking, lending, savings, wealth management and small business offerings. In Commercial Banking, Citizens offers a broad complement of financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange, interest rate and commodity risk management solutions, as well as loan syndication, corporate finance, merger and acquisition, and debt and equity capital markets capabilities. More information is available https://www.citizensbank.com/ or visit us on X (formerly Twitter), LinkedIn or Facebook.

For more information, visit https://capitalwcollective.org/.

NEWS SOURCE: CapitalW Collective

This press release was issued on behalf of the news source (CapitalW Collective), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/capitalw-collective-collaborates-with-citizens-to-advance-women-in-mortgage-capital-markets/

California Ferret Advocates Push Forward – Support Needed for Petition 2025-003!

LA MESA, Calif., March 18, 2025 (SEND2PRESS NEWSWIRE) — Ferret lovers across California and the nation are rallying behind Petition 2025-003, now officially acknowledged by the California Fish and Game Commission (FGC). This petition seeks to reclassify ferrets as domestic animals, challenging California’s outdated and scientifically unsupported ban, LegalizeFerrets.org announced today.

Image caption: Domestic ferrets are pets and don’t exist in the wild.

Despite being legal in 48 other states, ferrets remain classified as wild and detrimental in California—without public input or scientific justification. The Commission is set to review the petition in its upcoming meetings, and public support is critical to ensure fair consideration.

KEY MEETING DATES & HOW TO PARTICIPATE

The Fish and Game Commission will discuss Petition 2025-003 at the following meetings:

April 16-17, 2025 | Capitol Event Center, Sacramento, CA
June 11-12, 2025 | Sacramento area (Venue TBD)

Supporters are encouraged to attend in person or virtually and to submit written comments in favor of reclassifying ferrets as domestic animals.

HOW TO TAKE ACTION:

:: Attend the meetings – Show up in person or participate virtually. Details will be posted on FGC’s website.

:: Submit public comments – Email fgc@fgc.ca.gov or mail:
California Fish and Game Commission
P.O. Box 944209
Sacramento, CA 94244-2090

:: Share and spread the word – Let others know why ferrets deserve fair treatment under the law!

WHY THIS MATTERS

“Ferrets are not wild or dangerous. They’ve been domesticated for thousands of years,” said Pat Wright, founder of LegalizeFerrets.org. “California’s ban is based on outdated fears, and it’s time to correct this injustice. The Fish and Game Commission is legally obligated under the Administrative Procedure Act (APA) to provide a fair and transparent review of our petition.”

CALL TO ACTION

This is a rare and crucial opportunity to finally bring ferrets into the legal pet category where they belong. California pet lovers, veterinarians, and animal welfare advocates must come together to ensure the Commission fairly considers Petition 2025-003.

Act Now! The Commission will be reviewing the petition soon—make sure they hear your voice!

Stay updated & learn more at https://www.legalizeferrets.org/

Location: California (Statewide)

Media Contact: Pat Wright, LegalizeFerrets.org, (619) 303-0645, CLIFFNotes@legalizeferrets.org

Together, let’s make ferret legalization a reality!

NEWS SOURCE: Legalize Ferrets

This press release was issued on behalf of the news source (Legalize Ferrets), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/california-ferret-advocates-push-forward-support-needed-for-petition-2025-003/

Collaboration Between MCT and Fannie Mae Improves Pricing for Mortgage Sellers on Select Loans

Unique Bid Tape Pricing API to Deliver More Granular Pricing Alongside Cash Window

SAN DIEGO, Calif., March 13, 2025 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced their integration with Fannie Mae’s new Loan Pricing API. By combining various price factors and utilizing a broader set of data found in bid tapes, the new API provides greater price transparency on certain loans. This is the latest in a series of recent collaborations between MCT and Fannie Mae intended to provide additional benefit and value to mortgage secondary market participants. This new API will provide greater transparency into the granular level pricing Fannie Mae provides to sellers on MCT Marketplace – the largest mortgage asset exchange for the U.S. secondary market.

Image caption: MCT – Mortgage Capital Trading.

“As the needs of borrowers and those who serve them evolve, Fannie Mae remains committed to investing in and delivering value through the products and services it offers,” said Pete Skarnulis, Single-Family Business Account Management Solutions – Vice President at Fannie Mae. “The new Loan Pricing API offers comprehensive pricing and a more streamlined process for obtaining the most up-to-date pricing information that creates a better experience for our industry partners.”

For mutual clients, pricing from the new API is integrated seamlessly into execution analysis, commitment, and delivery processes in MCT Marketplace. Fannie Mae sellers will retain access to the other execution options they had previously, such as the Cash Window and Servicing Marketplace®.

“Through our strong collaboration with Fannie Mae over the years, we have made it a top priority to push the secondary market forward through technology for the benefit of mutual clients,” stated Phil Rasori, COO at MCT. “We’re proud to have jointly deployed Fannie Mae’s new Loan Pricing API.”

Learn more about the features, benefits, volume, and performance of MCT and Fannie Mae technology collaborations for mortgage lenders. MCT and Fannie Mae will be available and sharing more information about their efforts for mutual client benefit at the upcoming MCT Exchange conference in San Diego held March 27-28, 2025, including the keynote presentation by Olga Gorodetsky, Director of Capital Markets at Fannie Mae.

About MCT:

For over two decades, MCT has been a leading source of innovation for the mortgage secondary market. Melding deep subject matter expertise with a passion for emerging technologies and clients, MCT is the de facto leader in innovative mortgage capital markets technology. From architecting modern best execution loan sales to launching the most successful and advanced marketplace for mortgage-related assets, lenders, investors, and network partners all benefit from MCT’s stewardship. MCT’s technology and know-how continues to revolutionize how mortgage assets are priced, locked, protected, valued, and exchanged – offering clients the tools to perform under any market condition.

For more information, visit https://mct-trading.com/ or call (619) 543-5111.

MCT Media Contact:
Ian Miller
Chief Marketing Officer
Mortgage Capital Trading
pr@mctrade.net
619-543-5111

LOGO link for media: https://www.Send2Press.com/300dpi/22-0311-s2p-mcttrad-300dpi.jpg

NEWS SOURCE: Mortgage Capital Trading Inc.

This press release was issued on behalf of the news source (Mortgage Capital Trading Inc.), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/collaboration-between-mct-and-fannie-mae-improves-pricing-for-mortgage-sellers-on-select-loans/

Local Author Launches New Non-Profit Called Neighbors as Family Inspired by her First Novel, ‘A Walk Down Rushville’

LA JOLLA, Calif., March 12, 2025 (SEND2PRESS NEWSWIRE) — La Jolla resident Barbara Burton (also known as Barbara Graf) has launched the non-profit organization Neighbors as Family (NAF), aimed at supporting individuals to make connections and create a chosen family in their neighborhoods. There are many people who are no longer connected to their birth family, whether because of dysfunction, estrangement, loss or other reasons. As humans, we need connection, yet often when the connection to our family of origin is lost, we look to others close-by to create that bond… our neighbors.

Photo caption: La Jolla author Barbara Burton proud to launch new non-profit, Neighbors as Family.

The Neighbors as Family vision is simple: Because of neighbors, no one needs to be without a family. Neighbors As Family is a real non-profit inspired by Burton’s fictional book, “A Walk Down Rushville” (ISBN: 979-8885043847).

The concept is introduced by Skyler, the protagonist in the contemporary fiction novel. Skyler faced depression, loneliness, and estrangement from her family of origin but finds love, acceptance, and connection with the neighbors around her.

The character’s journey inspired the author to make the organization real. “The NAF concept came to me in a dream while I was writing the book. I wanted my character to be able to make a difference in the world, to make a contribution in some way,” said Burton. “As she moved away from depression and grief and embraced the love of her neighbors around her, the idea came to her that an organization could encourage those without a family to connect with neighbors—thus, the concept was born in the story. Then, I made a decision to make it real and establish a nonprofit in the state of California.”

Neighbors have always been important to Burton, and to this day, many of her best friends live within blocks of her home.

Neighbors are also important to Jim Thimmes of La Jolla. “My neighbors are truly like family members to me. I have taken my neighbors to the hospital or doctor’s office for appointments and they have done the same for me,” said Thimmes. “Our mutual families are out of town so these people are my family. I applaud an organization that encourages families to reach out to a neighbor that might be alone or without support. Let’s share these stories of connection. These are the stories that will help us understand that the strength of a neighborhood is in the compassion of families and neighbors coming together through life’s journey.”

Photo caption: (L-R): La Jolla neighbors Jim Thimmes and Georgia Schweitzer enjoy coffee together.

Creating this non-profit was an unexpected development, and Burton is looking forward to building Neighbors as Family into something that will bring joy and fulfillment to those who are yearning for the connection that family provides.

For more information on making neighborly connections, to share a photo or personal story about neighbors, to get involved, or to make a donation, visit https://neighborsasfamily.org/.

Note: Burton’s soft cover and e-book are now available on Amazon, with an audio book in the works. “Neighbors as Family” (EIN# 99-4436350).

For more information, please visit: https://barbaraburtonauthor.com/.

MULTIMEDIA:

PHOTO link for media: https://www.Send2Press.com/300dpi/25-0312-s2p-Barbara-Burton-300dpi.jpg

Photo caption: La Jolla author Barbara Burton proud to launch new non-profit, Neighbors as Family.

NEWS SOURCE: Barbara Burton

This press release was issued on behalf of the news source (Barbara Burton), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/local-author-launches-new-non-profit-called-neighbors-as-family-inspired-by-her-first-novel-a-walk-down-rushville/

MCT Reports 28% Increase in Mortgage Lock Volume Heading into Spring Season

SAN DIEGO, Calif., March 11, 2025 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, today announced a 27.91% increase in mortgage lock volume compared to the previous month. Industry professionals and stakeholders are encouraged to download the full report for a detailed analysis.

Image caption: MCT Reports 28% Increase in Mortgage Lock Volume Heading into Spring Season.

The increase in volume follows the typical seasonal pattern, rebounding from the December and January winter lull. As the housing market transitions into the Spring homebuying season, this positive movement suggests improving market activity. However, recent trends indicate that total volume may rise further in March and April before tapering off as early-season buyers finalize their purchases, leading to decreased demand in the deeper summer months.

External economic factors also remain a key area of focus. The potential impact of tariffs and possible retaliatory trade measures could introduce volatility into the broader economy, which may, in turn, affect mortgage rates. Market participants are watching these developments closely as they navigate lending and investment decisions.

Andrew Rhodes, Senior Director and Head of Trading at MCT, shared his perspective on the current financial landscape: “The expectation is that the Federal Reserve will likely hold the line on rates in March and May, with markets anticipating a likely rate cut in June. Economic performance given impending tariffs, Nonfarm Payroll, and the Consumer Price Index (CPI) will continue to be the biggest factors influencing rate decisions as we move into the summer months.”

As mortgage lenders and capital markets participants prepare for evolving conditions, MCT remains committed to delivering expert guidance and data-driven insights. For a more in-depth look at market dynamics, industry professionals can access the full report on MCT’s website.

Press release: https://mct-trading.com/press-release/mct-reports-28-increase-in-mortgage-lock-volume-heading-into-spring-season/

About MCT:

For over two decades, MCT has been a leading source of innovation for the mortgage secondary market. Melding deep subject matter expertise with a passion for emerging technologies and clients, MCT is the de facto leader in innovative mortgage capital markets technology. From architecting modern best execution loan sales to launching the most successful and advanced marketplace for mortgage-related assets, lenders, investors, and network partners all benefit from MCT’s stewardship. MCT’s technology and know-how continue to revolutionize how mortgage assets are priced, locked, hedged, traded, and valued – offering clients the tools to perform under any market condition.

For more information, visit https://mct-trading.com/contact or call (619) 543-5111.

IMAGE link for media: https://mct-trading.com/wp-content/uploads/2025/03/mct-lock-volume-indices-46.png

MEDIA CONTACT:
Ian Miller
Chief Marketing Officer
Mortgage Capital Trading
619-618-7855
pr@mctrade.net

NEWS SOURCE: Mortgage Capital Trading Inc.

To view the original story, visit: https://www.send2press.com/wire/mct-reports-28-increase-in-mortgage-lock-volume-heading-into-spring-season/

Author Karin Kiser Launches ‘Before the Camino’ to Prepare New and Returning Pilgrims to Walk the Camino de Santiago

SAN DIEGO, Calif., March 7, 2025 (SEND2PRESS NEWSWIRE) — Camino Chronicles Press (https://CaminoChroniclesPress.com) and Karin Kiser today announced the release of “Before the Camino: Your Pocket Guide to Prepare Your Body and Mind for the Camino de Santiago.” While most Camino guidebooks focus on logistics, Kiser takes a new approach in this comprehensive guide, addressing the deeper issues that compel people from all walks of life to the Camino de Santiago.

Image caption: “Before the Camino: Your Pocket Guide to Prepare Your Body and Mind for the Camino de Santiago.

“As interest in the Camino explodes worldwide, so do concerns that the essence of this ancient pilgrimage route is being lost among the crowds,” Kiser says. “I am to change that.”

“The Camino has changed a great deal since I first walked it in 2011,” Kiser explains. “It has become more commercialized and more digital, with tour groups, Camino apps, and cell phones virtually everywhere. My intention with ‘Before the Camino’ is to highlight what makes the Camino de Santiago much more than a vacation or a bucket-list item.”

In “Before the Camino,” readers will discover the top myths of the Camino, pilgrim etiquette, Camino traditions, and the importance of preparing mentally, as well as physically, for what is often a transformative life experience.

“Before the Camino” is book # 1 in Kiser’s series of pocket guides for the Camino. Book # 2, “Your Inner Camino,” is designed to accompany pilgrims as they walk or bike the Camino. Book # 3, “After the Camino,” details how to integrate the Camino experience into daily life at home.

To learn more, visit https://CaminoChroniclesPress.com

About Karin Kiser:

Karin Kiser is the author of 10 books, including “Unplug Your Robot” and the international bestseller “Lighten Your Load.” She has been on and off the Camino de Santiago since 2011 – as a pilgrim, hospitalera, Pilgrim Office volunteer, and guide for small groups. Part of the proceeds from her three Camino books: “Before the Camino,” “Your Inner Camino,” and “After the Camino,” goes toward keeping the Camino clean. She leads an annual Camino Cleanup Program & Retreat, where a small group of pilgrims gather from around the world to help pick up litter along the Camino. Learn more: https://CaminoChroniclesPress.com/.

NEWS SOURCE: Author Karin Kiser

This press release was issued on behalf of the news source (Author Karin Kiser), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/author-karin-kiser-launches-before-the-camino-to-prepare-new-and-returning-pilgrims-to-walk-the-camino-de-santiago/

ShelfLife, Alex Strathdee Launch ‘Before The Bestseller: Your Proven Path to Book Sales Without Wasting Time & Money’

New guide helps nonfiction authors build an audience and achieve long-term success in book sales

SAN DIEGO, Calif., March 4, 2025 (SEND2PRESS NEWSWIRE) — ShelfLife (GetShelfLife.com) and author Alex Strathdee today announced the release of “Before The Bestseller: Your Proven Path to Book Sales Without Wasting Time & Money” (ISBN: 979-8890792631), the ultimate playbook for nonfiction authors seeking to boost book sales, build an audience, and create a bestseller that never stops selling. This book pulls back the curtain on how the top authors of today such as James Clear of “Atomic Habits” sold over 20 Million copies.

Image Caption: “Before The Bestseller” Book Cover.

This comprehensive guide reveals proven paths for launching and sustaining sales, whether authors are traditionally published, hybrid, or self-published while exposing the million-dollar scam operations running rampant in the publishing world.

“It’s the perfect book for sales-hungry nonfiction authors: No BS. Insider tips. Industry secrets. And plenty of case studies to make it come alive,” says Dan Heath, author of “Reset and Upstream,” and co-author of “Switch and Made to Stick” (1,000,000+ books sold).

In “Before The Bestseller,” readers will discover actionable strategies, real-world examples, and marketing techniques that have helped countless authors find success. Whether a writer is penning their first book or seeking new ways to reinvigorate sales, Strathdee’s new release offers a blueprint for consistent, long-term sales in the nonfiction realm.

To learn more or purchase the book, visit:
https://www.amazon.com/Before-Bestseller-Proven-Without-Wasting-ebook/dp/B0DW3RVZKM

About the Author:

Alex Strathdee is an accomplished nonfiction author and the founder of GetShelfLife.com with a client roster that includes Reid Hoffman, Nir Eyal, Allan Dib, Lewis Howes, Michael Bungay Stanier and many other authors who have sold over a million copies of their book. For the first time ever, the curtain is being pulled back on how bestselling books are made. With a passion for empowering fellow writers, Strathdee’s mission is to share industry knowledge that helps authors succeed in today’s competitive publishing landscape. Learn more: https://getshelflife.com/.

MEDIA CONTACT:
Alex Strathdee
Phone: 571-225-9377
Email: Alex@getshelflife.com

IMAGE LINK for media: https://www.Send2Press.com/300dpi/25-0304-s2p-btbestseller-300dpi.jpg

Caption: “Before The Bestseller” Book Cover

NEWS SOURCE: ShelfLife

This press release was issued on behalf of the news source (ShelfLife), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/shelflife-alex-strathdee-launch-before-the-bestseller-your-proven-path-to-book-sales-without-wasting-time-money/

MCT Introduces Atlas: Generative AI Advisor for Mortgage Capital Markets

SAN DIEGO, Calif., Feb. 27, 2025 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, today announced the release of Atlas, an artificial intelligence (AI) advisor now available within the MCTlive! platform. Atlas serves as a virtual capital markets expert and high-quality educational resource for MCT’s mortgage lender clients. With this launch, effective February 10, 2025, MCT continues its tradition of innovation in secondary marketing technology, offering clients instant access to expert knowledge and paving the way for future AI-driven workflows that will save clients time and improve their financial performance.

Image caption: MCTlive! Press Release.

“We’re proud to be the first mortgage capital markets platform to put AI in the hands of every client,” said Phil Rasori, COO of MCT and architect of Atlas. “AI has the potential to improve performance and act as a force multiplier for capital markets professionals, but only if it is deployed responsibly and transparently with careful protections for client data ownership and privacy.”

Atlas is built to the highest standards of data security and privacy after a year of careful planning, development, and testing by internal teams:

No client data has been exchanged with or used to train Atlas.
Atlas was trained on proprietary educational material, which is continually expanded as new innovations and subjects are covered.
The large language model supporting Atlas follows a strict escrow process that warrants its isolation from both developers and user data.
Retrieval augmented generation keeps the knowledge base stored in MCT’s private cloud environment.
Limited context “chunks” and function calling are used to further reduce external data transfer.

“Leadership through industry expertise and exceptional client service have been enduring core values at MCT,” said Curtis Richins, CEO. “Now we are extending that capability through Atlas, providing the collective knowledge of our experts on-demand. Whether clients are looking for instructions on platform processes or explanations of key calculations, they can now get answers with unprecedented speed and transparency.”

Atlas is currently designed for expertise distribution, effectively providing instant access to the combined knowledge base of MCT. Atlas will soon expand to include agentic report summarization and the ability to conduct core processes, which will be debuted at the MCT Exchange client conference to be held in San Diego next month. As these functions are made available, an opt-in will be provided that defines the limited client data that will be required to enable these and future capabilities.

Mortgage lenders interested in the benefits Atlas can provide their secondary marketing operations are encouraged to contact MCT.

Press release: https://mct-trading.com/press-release/atlas-generative-ai/

About MCT:

For more information, visit https://mct-trading.com/ or call (619) 543-5111.

MEDIA CONTACT:
Ian Miller
Chief Marketing Officer
Mortgage Capital Trading
619-618-7855
pr@mctrade.net

Image Link for Media: https://mct-trading.com/wp-content/uploads/2025/02/atlas-generative-ai.png

NEWS SOURCE: Mortgage Capital Trading Inc.

To view the original story, visit: https://www.send2press.com/wire/mct-introduces-atlas-generative-ai-advisor-for-mortgage-capital-markets/

2024-2025 Mortgage Industry Insights Released by The Mortgage Collaborative

Annual Mortgage Lender Survey Highlights Key Challenges & Priorities for 2025

SAN DIEGO, Calif., Feb. 24, 2025 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative (TMC), a leading network of mortgage lenders dedicated to innovation and collaboration, has released its latest Pulse of the Network report, offering key insights into the challenges and opportunities shaping the mortgage industry in 2025. The survey, conducted with decision-makers—including CEOs, COOs, and department heads from banks, credit unions, and independent mortgage banks (IMBs)—highlights how lenders are preparing for a shifting market landscape.

Image caption: 2024–2025 Mortgage Industry Insights Released by The Mortgage Collaborative.

“In a rapidly evolving mortgage environment, industry leaders are focusing on operational efficiency, strategic growth, and innovative technology to stay competitive,” said Jodi Hall, CEO and President at The Mortgage Collaborative. “Our Pulse of the Network report provides a real-time look at the industry’s top challenges and the strategic priorities guiding lenders into 2025.”

TOP INDUSTRY CHALLENGES

Lenders identified five critical issues they faced in 2024:

Housing Inventory & Affordability – Low inventory and high home prices continue to squeeze the market, limiting lending opportunities.
Rising Costs & Margin Pressure – Loan origination costs outpace revenue growth, driving the need for leaner operations.
Talent & Recruitment Struggles – Finding and retaining top Loan Officers (LOs) remains a challenge as competition intensifies.
Technology Inefficiencies – Many lenders report their tech stacks are costly and underperforming, prompting a shift toward smarter automation.
Revenue Growth in a Tight Market – With fewer refinancing opportunities, lenders are focusing on new loan products and stronger borrower relationships.

KEY STRATEGIES FOR SUCCESS

Despite challenges, lenders are proactively adjusting their strategies and focusing on these goals in 2025:

Boosting Loan Volume & Revenue – Expanding partnerships, launching new loan products, and enhancing digital marketing.
Optimizing Technology – Streamlining tech stacks, automating workflows, and improving borrower experiences.
Enhancing Talent Retention – Strengthening workplace culture, compensation, and mentorship programs.
Building Leaner Operations – Cutting inefficiencies and leveraging AI to reduce manual workloads.
Strengthening Industry Collaboration – Engaging in peer networks, benchmarking, and market insights.

THE PATH FORWARD

The mortgage industry is poised for transformation in 2025, and TMC’s Pulse of the Network report underscores the importance of adaptability, strategic investment, and collaboration. By focusing on efficiency, technology, and talent, lenders can position themselves for growth in an unpredictable market.

“At TMC, we believe success isn’t just about navigating today’s challenges—it’s about preparing for the future,” added Jodi Hall. “Our network is committed to empowering lenders with the insights, tools, and connections needed to thrive in any market conditions.”

For the full report visit our blog.

*To participate in our next survey, talk to us about joining TMC: set a time to talk or email us.

About The Mortgage Collaborative:

The Mortgage Collaborative (TMC) is a member-driven organization dedicated to empowering mortgage lenders across the U.S. through networking, education, and advocacy. By fostering an environment of collaboration and innovation, TMC supports the success of its members, ensuring they thrive in a rapidly evolving industry. For more information, visit www.mortgagecollaborative.com.

NEWS SOURCE: The Mortgage Collaborative

To view the original story, visit: https://www.send2press.com/wire/2024-2025-mortgage-industry-insights-released-by-the-mortgage-collaborative/

Mortgage Lock Volume Stays Flat in Latest MCT February Indices

SAN DIEGO, Calif., Feb. 6, 2025 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced today a 0.12% decrease in mortgage lock volume compared to the previous month. Industry professionals and market enthusiasts are encouraged to download the complete report for a deeper understanding of the latest market trends and dynamics.

Image caption: Mortgage Lock Volume Stays Flat in Latest MCT February Indices.

Despite the drop in refinance volume, purchase volume has remained steady, resulting in relatively no change in overall production volume month-over-month. The stability in purchase volume continues to support market activity while the industry awaits potential shifts in interest rates.

MCT’s data did show an increase in refinance production in the latter half of January. However, this uptick is likely attributable to the seasonal lull of the holiday period when compared to the end of December.

The outlook for the upcoming Federal Reserve meeting remains uncertain, as additional data is required to refine market predictions. “Tariffs, if or when implemented, may have an impact on inflation which will have influence over the next Fed decision,” said Andrew Rhodes, Senior Director and Head of Trading at MCT. “This, along with upcoming Nonfarm payroll and Consumer Price Index (CPI) reports, will help determine the outlook for mortgage rates heading into the Spring season.”

MCT’s latest report offers an in-depth analysis of these factors, providing valuable insights to lenders, investors, and industry stakeholders as they navigate the shifting mortgage landscape. To access the full report and learn more about MCT’s innovative solutions, visit MCT’s website.

MCT’s Lock Volume Indices present a snapshot of rate lock volume activity in the residential mortgage industry broken out by lock type (purchase, rate/term refinance, and cash out refinance) across a broad diversity of lenders (e.g., sizes, products/services offered, business models) from MCT’s national footprint.

Download the report: https://mct-trading.com/press-release/mortgage-lock-volume-flat-latest-february-indices/

About MCT:

For over two decades, MCT has been a leading source of innovation for the mortgage secondary market. Melding deep subject matter expertise with a passion for emerging technologies and clients, MCT is the de facto leader in innovative mortgage capital markets technology. From architecting modern best execution loan sales to launching the most successful and advanced marketplace for mortgage-related assets, lenders, investors, and network partners all benefit from MCT’s stewardship. MCT’s technology and know-how continue to revolutionize how mortgage assets are priced, locked, hedged, traded, and valued – offering clients the tools to perform under any market condition.

For more information, visit https://mct-trading.com/ or call (619) 543-5111.

IMAGE link for media: https://mct-trading.com/wp-content/uploads/2025/02/mct-lock-volume-indices-43.png

MEDIA CONTACT:
Ian Miller
Chief Marketing Officer
Mortgage Capital Trading
619-618-7855
pr@mctrade.net

NEWS SOURCE: Mortgage Capital Trading Inc.

To view the original story, visit: https://www.send2press.com/wire/mortgage-lock-volume-stays-flat-in-latest-mct-february-indices/

Optimal Blue Introduces Seven Major Innovations at Its Inaugural User Summit in San Diego

Company continues its streak of aggressive product innovation and no-cost feature additions

SAN DIEGO, Calif., Feb. 4, 2025 (SEND2PRESS NEWSWIRE) — Optimal Blue today unveiled a series of new products and features, alongside its major Ask Obi AI assistant announcement, at its Summit user conference in San Diego. These innovation announcements underscore the company’s commitment to delivering high-impact solutions, at no additional cost, that tackle real-world challenges and help lenders maximize profitability.

Image caption: Optimal Blue.

“Today more than ever, lenders need software and data solutions that empower them to make smarter business decisions and operate with efficiency, and Optimal Blue is demonstrating our commitment to helping them navigate and thrive in this complex and highly regulated environment,” said Erin Wester, chief product officer at Optimal Blue. “The products and features announced at our Optimal Blue Summit are not simply software – they are solutions designed specifically to help lenders maximize their profitability, built based on real feedback gathered from our hundreds of clients. These innovations are a testament to Optimal Blue’s state-of-the-art product, research and development, and engineering teams that go to work for the benefit of our clients every day.”

Major product enhancements announced during the Summit include:

ORIGINATOR ASSISTANT

Originator Assistant is an AI-powered tool in the Optimal Blue PPE that identifies alternate loan scenarios that can produce more competitive pricing, helping loan officers have more strategic discussions with borrowers to win more business. Originator Assistant further amplifies Optimal Blue’s Scenario Optimizer tool, which was introduced last fall to allow clients to run up to three pricing scenarios side-by-side. Originator Assistant examines applicable adjustments, margins, and other price components, and identifies where small loan setup/parameter changes could positively impact pricing. Fully embedded within a loan officer’s workflow, Originator Assistant runs behind-the-scenes as part of every scenario search.

RULES OPTIMIZER

Rules Optimizer is a feature in the Optimal Blue PPE that allows lenders to streamline the rule creation process by creating a single rule and applying it to multiple investor relationships. This gives lenders flexibility to take advantage of both one-to-one and one-to-many investor relationships or custom rule writing. Rules Optimizer also offers change history tracking so users can easily see updated rules and investors/products at a granular level, as well as the ability to schedule run periods in advance to support specials and limited-time promotions. Rules Optimizer is built on top of the Optimal Blue PPE’s system-maintained ratesheet content, which is regarded for its industry-leading accuracy.

RATESHEET TOOL

The Ratesheet Tool is a feature that connects front-end pricing (i.e., origination) with back-end pricing (i.e., secondary) to allow lenders to generate ratesheet pricing with a known margin, accurately. Linking to both the Optimal Blue PPE and the CompassEdge hedging and loan trading platform, the Ratesheet Tool allows secondary users to access a back-end price and deliver a more accurate execution price to originators. The Ratesheet Tool offers a new way for lenders to generate ratesheets with their own proprietary pricing, with precision and accuracy from secondary to origination. This solution showcases a distinct benefit lenders can only realize from working with Optimal Blue, given the company’s end-to-end capital markets platform encompassing both product and pricing and hedging and trading.

CONFIRM ASSISTANT

Confirm Assistant is a feature in the CompassEdge hedging and loan trading platform that reduces both the time and potential for manual errors associated with reading TBA trade confirmation files. The tool uses AI to read files from broker-dealers, parsing the documents into usable formats. With Confirm Assistant, users simply drag and drop confirmation files and approve them without having to manually key in data. This benefits users by reducing manual, time-consuming steps and freeing up staff to focus on more complex trades.

MORTGAGE RATE FUTURES

First announced in November 2024, Optimal Blue has partnered with CME Group, the world’s leading derivatives marketplace, to provide the Optimal Blue Mortgage Market Index (OBMMI) as the foundation for CME Group’s new Mortgage Rate futures. Launched on Jan. 13, 2025, Mortgage Rate futures are cash-settled contracts that provide direct exposure to the latest primary mortgage rate available to borrowers, giving mortgage originators an additional instrument to hedge pipeline and servicing risk. The contracts are the first-ever to be based on the 30-Year Fixed Rate Conforming OBMMI, which is designed for IOSCO compliance and tracks real-time rate lock data from more than one-third of U.S. residential mortgage originations.

SOLUTION CENTER

The Solution Center is a partner marketplace within Optimal Blue’s Comergence platform that expands revenue opportunities for mortgage lenders and investors and third-party partners and vendors. The Solution Center provides a platform where users can sell products and services through a two-sided marketplace of vetted integration partners. It supports more streamlined vendor communication, and the Solution Center Academy provides a resource for asynchronous training, helping investors promote strategic relationships, as well as required trainings, for their third-party originators.

ASK OBI

Finally, as announced earlier today, Ask Obi is Optimal Blue’s new standalone AI assistant that gives executives instant, interactive access to granular data insights and trends to improve business decisions. Ask Obi gives lenders the power to view their operations holistically with data aggregation across Optimal Blue’s comprehensive capital markets platform, reaching from loan origination data through hedging and trading.

Optimal Blue’s Summit user conference features multi-track sessions exploring AI and automation trends, profitability strategies, market insights, and more, led by leading economists, policymakers, and lenders, as well as the company’s own subject matter experts.

About Optimal Blue:

Optimal Blue effectively bridges the primary and secondary mortgage markets to deliver the industry’s only end-to-end capital markets platform. The company helps lenders of all sizes and scopes maximize profitability and operate efficiently so they can help American borrowers achieve the dream of homeownership. Through innovative technology, a network of interconnectivity, rich data insights, and expertise gathered over more than 20 years, Optimal Blue is an experienced partner that, in any market environment, allows lenders to optimize their advantage from pricing accuracy to margin protection, and every step in between. To learn more, visit https://OptimalBlue.com/.

NEWS SOURCE: Optimal Blue

This press release was issued on behalf of the news source (Optimal Blue), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/optimal-blue-introduces-seven-major-innovations-at-its-inaugural-user-summit-in-san-diego/

Optimal Blue Announces Ask Obi, an AI Assistant to Provide Mortgage Lending Executives With Real-Time Business Insights

Conversational generative AI chat assistant to provide easy-to-understand, interactive insights and graphical representations to help lenders maximize profitability

SAN DIEGO, Calif., Feb. 4, 2025 (SEND2PRESS NEWSWIRE) — Optimal Blue today announced Ask Obi, an AI assistant designed to provide mortgage lending executives with instant, actionable insights from their Optimal Blue products and data. Unveiled during Optimal Blue’s inaugural Summit user conference in San Diego, Ask Obi gives lenders the power to view their operations holistically with data aggregation across Optimal Blue’s comprehensive capital markets platform.

Image caption: Optimal Blue.

Ask Obi enables executives to inquire about intricate profitability metrics with simple, conversational queries – such as, “What markets had the greatest change in average margins from Q3 2024 to Q4 2024?” or “Which loan officers issued the most concessions over the second week of January 2025?” – and get easy-to-understand answers at a granular level to improve strategic decision-making.

“Our clients operate in a time when speed and accuracy matters, so having to wait for reports to be generated – only to then spend more time poring over those reports to get to the insights needed to make decisions – doesn’t make sense,” said Joe Tyrrell, CEO of Optimal Blue. “With Ask Obi, those hours of generating, compiling, and analyzing reports are replaced with accurate, real-time, personalized information, designed specifically for decision-makers, by delivering the data that matters most to their profitability. While other companies are talking about AI, but in reality are still trying to catch up to our accuracy and core capabilities, Optimal Blue has already embraced generative AI to solve real operational and capital markets challenges, all at no additional cost to our clients.”

“Ask Obi demonstrates the unique value clients realize by working with Optimal Blue, a provider of comprehensive capital markets technology,” said Erin Wester, chief product officer of Optimal Blue. “Through the power of generative AI, users can have an interactive conversation to better understand the data that drives their business. In contrast to other tools that may require filters and manual selections, Ask Obi is designed for ease of use and conversational interactions, while conveniently building off a user’s previous inquiries and suggesting preloaded questions.”

Available to Optimal Blue clients for beta testing later this month, Ask Obi offers complete access to a lender’s PPE data, with development work underway to expand access across Optimal Blue’s complete capital markets platform. This initiative aligns with Optimal Blue’s larger vision to deliver comprehensive interoperability among its end-to-end capital markets products, allowing clients to benefit from synthesized data and machine learning for enhanced margin management and profitability oversight.

Ask Obi is one of several innovations the company announced at its Summit, demonstrating its commitment to continuous investment in its products to help its clients maximize lending profitability.

About Optimal Blue:

LOGO link for media: https://www.Send2Press.com/300dpi/14-0625-s2p-optimal-blue-300dpi.jpg

NEWS SOURCE: Optimal Blue

To view the original story, visit: https://www.send2press.com/wire/optimal-blue-announces-ask-obi-an-ai-assistant-to-provide-mortgage-lending-executives-with-real-time-business-insights/

Mortgage Capital Trading (MCT) Unveils MSRlive! 4.0 – Offering Ground-Breaking Enhancements to MSR Reporting and Transparency

SAN DIEGO, Calif., Jan. 16, 2025 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading (MCT), the de facto leader in innovative mortgage capital markets technology, today announced the release of MSRlive! 4.0, a groundbreaking enhancement to its mortgage servicing rights (MSR) valuation platform. The latest version offers mortgage servicers an unprecedented level of transparency and business intelligence, equipping portfolio managers with powerful new tools to assess and optimize their portfolios.

Image caption: Mortgage Capital Trading (MCT) Unveils MSRlive! 4.0.

With MSRlive! 4.0, portfolio managers gain direct insight into the key drivers behind valuation changes over time. The enhanced reporting offers a clear, intuitive view of risk exposure, allowing managers to identify and address potential vulnerabilities with ease. These advancements are a major leap forward for the industry, which has long sought more precise, accessible, and actionable analytics.

“We have listened to our clients and successfully built the reporting they need to analyze their portfolios with confidence,” said Bill Shirreffs, Head of MSR Services at MCT. “The essential elements are incorporated into the analytical reporting, with the ability to pull back the hood and see exactly what’s driving the valuation results.”

The enhanced reporting delivers a behind-the-scenes perspective of mortgage servicing portfolios, offering in-depth analysis that includes factors such as:

Valuation Assumptions
Breakeven Analysis
Duration and Convexity
Rate of Return on Investment
Cash Flow Summary Analysis

This added transparency enables portfolio managers to better understand portfolio performance and valuation drivers. The advanced summary reporting provides comprehensive, digestible insights, allowing for more confident decision-making and faster response to various market changes.

The launch of MSRlive! 4.0 solidifies MCT’s position as the industry leader in mortgage capital markets technology. Its innovative combination of enhanced data access and user-friendly analytics raises the bar for portfolio transparency, allowing users to quickly assess performance and valuation shifts at both a macro and granular level.

Shirreffs added, “Our clients now have a reporting system that’s not just powerful but also transparent. For the first time, they have the tools to make sense of the drivers behind period over period valuation changes — in a way that no other MSR portfolio management platform in the industry can offer.”

The industry’s growing need for deeper analytical insight and control is met head-on by MSRlive! 4.0. As portfolio managers strive to optimize their strategies in a rapidly shifting market, this release offers a decisive advantage with its enhanced precision, actionable intelligence, and ease of use.

To learn more about MSRlive! 4.0 or schedule a demo, contact MCT.

Read the press release: https://mct-trading.com/press-release/mct-unveils-msrlive-4/

About MCT:

For over two decades, MCT has been a leading source of innovation for the mortgage secondary market. Melding deep subject matter expertise with a passion for emerging technologies and clients, MCT is the de facto leader in innovative mortgage capital markets technology. From architecting modern best execution loan sales to launching the most successful and advanced marketplace for mortgage-related assets, lenders, investors, and network partners all benefit from MCT’s stewardship. MCT’s technology and know-how continue to revolutionize how mortgage assets are priced, locked, hedged, traded, and valued – offering clients the tools to perform under any market condition.

For more information, visit https://mct-trading.com/ or call (619) 543-5111.

MEDIA CONTACT:
Ian Miller
Chief Marketing Officer
Mortgage Capital Trading
619-618-7855
pr@mctrade.net

IMAGE URL: https://mct-trading.com/wp-content/uploads/2025/01/msrlive-4.0-pr.png

NEWS SOURCE: Mortgage Capital Trading Inc.

To view the original story, visit: https://www.send2press.com/wire/mortgage-capital-trading-mct-unveils-msrlive-4-0-offering-ground-breaking-enhancements-to-msr-reporting-and-transparency/

MCT Reports 16% Decrease in Mortgage Lock Volume Amid Market Dynamics

SAN DIEGO, Calif., Jan. 14, 2025 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced today a 16.7% decrease in mortgage lock volume compared to the previous month. Industry professionals and market enthusiasts are encouraged to download the complete report to gain comprehensive insights into the evolving market dynamics.

Image caption: Lock Volume for December by Transaction Type.

December’s mortgage activity saw a slight uptick in refinance production. However, this increase was not enough to significantly impact overall production levels. The majority of December’s mortgage activity stemmed from purchase volume, reflecting a consistent trend in the current housing market.

“The Fed is expected to hold rates steady for longer as we continue to see a strong jobs market coupled with lowering inflation,” stated Andrew Rhodes, Senior Director and Head of Trading at MCT. “As we move into 2025, nonfarm payroll and the Consumer Price Index (CPI) will continue to be critical data points providing insight into any potential rate cuts. However, the more immediate focus is on the incoming administration policy changes and their effect on the market.”

The market is currently pricing in an expectation of higher mortgage rates for a longer period, influenced by stronger-than-expected nonfarm payroll numbers and the conservative nature of the Federal Reserve’s dot plot projections.

MCT’s latest report offers an in-depth analysis of these factors, providing valuable insights to lenders, investors, and industry stakeholders as they navigate the shifting mortgage landscape.

Report: https://mct-trading.com/press-release/mct-reports-16-decrease-in-mortgage-lock-volume-amid-market-dynamics/

About MCT:

For over two decades, MCT has been a leading source of innovation for the mortgage secondary market. Melding deep subject matter expertise with a passion for emerging technologies and clients, MCT is the de facto leader in innovative mortgage capital markets technology. From architecting modern best execution loan sales to launching the most successful and advanced marketplace for mortgage-related assets, lenders, investors, and network partners all benefit from MCT’s stewardship. MCT’s technology and know-how continue to revolutionize how mortgage assets are priced, locked, hedged, traded, and valued – offering clients the tools to perform under any market condition.

For more information, visit https://mct-trading.com/ or call (619) 543-5111.

MEDIA CONTACT:
Ian Miller
Chief Marketing Officer
Mortgage Capital Trading
619-618-7855
pr@mctrade.net

MULTIMEDIA:

IMAGE LINK for media: https://mct-trading.com/wp-content/uploads/2025/01/mct-lock-volume-indices-39.png

Image caption: Lock Volume for December by Transaction Type.

NEWS SOURCE: Mortgage Capital Trading Inc.

To view the original story, visit: https://www.send2press.com/wire/mct-reports-16-decrease-in-mortgage-lock-volume-amid-market-dynamics/

Polly and CapitalW Collective Align to Support Women in Mortgage Capital Markets

SAN DIEGO, Calif., Jan. 10, 2025 (SEND2PRESS NEWSWIRE) — CapitalW Collective, a trailblazing non-profit dedicated to advancing women and their allies in mortgage capital markets, proudly announces Polly as its first product and pricing engine (PPE) Diamond-level corporate sponsor. This alliance underscores CapitalW Collective’s mission “to create more inclusive and dynamic mortgage capital markets, one woman and ally at a time.”

Image caption: CapitalW Collective.

United for Industry Transformation

Polly, a leading provider of innovative mortgage capital markets technology and operator of the industry’s first and only cloud-native, commercially scalable product and pricing engine (PPE), shares CapitalW Collective’s commitment to educating, elevating, and empowering underrepresented groups within the mortgage capital markets vertical.

“We are ecstatic to welcome Polly as a corporate sponsor and partner,” said Amy Creason, Co-founder and Board Member of CapitalW Collective. “As a true pioneer in mortgage capital markets, Polly has been instrumental in transforming analysis, accuracy, and automation within mortgage technology. Their support of CapitalW Collective’s efforts to encourage more women to explore this important segment of the mortgage industry and champion the development of underrepresented groups is inspiring.”

Empowering Through Support

As a Diamond-level corporate sponsor and ally, Polly will offer impactful support with educational resources and broaden platforms that unite advocates throughout the industry. Additionally, Polly’s expertise will enrich CapitalW Collective’s initiatives to drive significant industry-wide progress.

Adam Carmel, Founder and CEO of Polly, shared: “It is a great honor to partner with and support CapitalW Collective’s mission to educate, elevate, and empower. It is powerful and important.” As part of the collaboration, Polly leaders Cheryl Messner, Drew Martinez, Jackie Studdert, Melanie (Simmer) Power, and Samantha MacKendrick will be advocates for CapitalW Collective’s initiative, participating in educational webinars, supporting career development and mentorship opportunities, and more.

About CapitalW Collective

For more information, visit https://capitalwcollective.org/.

NEWS SOURCE: CapitalW Collective

To view the original story, visit: https://www.send2press.com/wire/polly-and-capitalw-collective-align-to-support-women-in-mortgage-capital-markets/

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.

Image caption: Image Caption: Lock Volume for November by Transaction Type.

While the market exhibited relative stability post-election, a clear downtrend in refinance activity was observed as interest rates settled. Heading into the winter months and with a new presidential administration taking office in January, volatility concerns remain a focal point for the industry. Current expectations suggest that mortgage volume will stay low through the early months of the year.

Andrew Rhodes, Senior Director and Head of Trading at MCT, commented on the outlook: “Most lenders have already priced in at least one rate cut in either December or January. Barring unforeseen events, mortgage rates are predicted to remain relatively steady through the winter months.”

Industry forecasts indicate that rates are likely to hold or increase slightly, further dampening refinance activity. With the evolving market landscape, industry professionals are encouraged to stay informed of potential shifts in the coming months.

For further insights into the current mortgage market and the latest trends in lock volume, MCT invites industry professionals to download the full report.

About MCT:

For over two decades, MCT has been a leading source of innovation for the mortgage secondary market. Melding deep subject matter expertise with a passion for emerging technologies and clients, MCT is the de facto leader in innovative mortgage capital markets technology. From architecting modern best execution loan sales to launching the most successful and advanced marketplace for mortgage-related assets, lenders, investors, and network partners all benefit from MCT’s stewardship. MCT’s technology and know-how continue to revolutionize how mortgage assets are priced, locked, hedged, traded, and valued – offering clients the tools to perform under any market condition.

For more information, visit https://mct-trading.com/ or call (619) 543-5111.

Download report at: https://mct-trading.com/press-release/mct-reports-15-decrease-in-mortgage-lock-volume-amid-higher-rates/

MEDIA CONTACT:
Ian Miller
Chief Marketing Officer
Mortgage Capital Trading
619-618-7855
pr@mctrade.net

IMAGE link for media: https://www.Send2Press.com/300dpi/24-1211-s2p-mct-lock-volume-300dpi.jpg

Image Caption: Lock Volume for November by Transaction Type

NEWS SOURCE: Mortgage Capital Trading Inc.

To view the original story, visit: https://www.send2press.com/wire/mct-reports-a-15-decrease-in-mortgage-lock-volume-amid-higher-rates/

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.

Image caption: MCT Mortgage Lock Volume Indices Oct 2024.

October proved to be a dynamic month for the mortgage market. An increase in mortgage rates, spurred by election volatility, led to a reversal of the refinancing uptick observed in September. However, a rise in purchase volume during the month managed to counterbalance the decline in refinancing, resulting in overall month-over-month lock volume remaining relatively flat.

The uncertainty surrounding the elections caused temporary market disruptions and a downturn in markets, which has now eased following the decisive election results. This change has brought a level of stability and clarity to the market.

Andrew Rhodes, Senior Director and Head of Trading at MCT, stated, “With the election and last Thursday’s Federal Reserve meeting behind us, we anticipate markets will stabilize with the new focus on November jobs and CPI data points.”

For further insights into the current mortgage market and the latest trends in lock volume, MCT invites industry professionals to download the full report.

About MCT:

For more information, visit https://mct-trading.com/ or call (619) 543-5111.

NEWS SOURCE: Mortgage Capital Trading Inc.

To view the original story, visit: https://www.send2press.com/wire/mct-announces-2-5-increase-in-mortgage-lock-volume-despite-october-market-volatility/

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.

Image caption: IEP Physician Search.

The IEP Careers Job Board will be accessible directly through the ISASS website. It features the most recent available spine surgeon positions and allows ISASS Members to set up their profiles, post their resumes, and receive real-time job alerts.

ISASS members’ practices can easily post their open positions, ensuring exposure to qualified candidates across the U.S.

This partnership positions IEP Careers to become the leading job board for spine surgeons. Magnifi has an extensive database of spine surgeons and network of medical centers through its 14 years of hosting the Spine IEP Fellows and Young Surgeons Course – www.spine-iep.com. “Each year, our course helps us build relationships with the next generation of spine surgeons,” said Andrew Wolpe, President & COO of Magnifi Group. Wolpe added that this helps IEP Careers feature the latest available spine jobs and surgeon candidates.

IEP Physician Search – a Magnifi Group partner company – is a full-service recruiting solution that specializes in helping spine surgeons find their perfect practice. This service will be available at no cost to ISASS members.

Liesl Bernard, CEO of IEP Physician Search, said her team has a deep understanding of the requirements and the unique needs of both candidates and medical practices. “IEP Physician Search will take the required time to meet the specific goals and preferences of all candidates and medical centers, ensuring the right fit,” Bernard said. Bernard added that IEP Physician Search does not charge a retainer and is only paid on successful candidate placement.

Rick Thiele, Executive Director of ISASS, said IEP Careers and IEP Physician Search are natural extensions of the organization’s role in providing a comprehensive platform to its members. “Teaming up with IEP Careers and IEP Search will significantly assist both new and seasoned ISASS members who are looking to make a change,” Thiele said.

Founded in 2000, ISASS is committed to enhancing the science and practice of non-operative and surgical interventions to restore and improve function to the spine. In keeping with the rapidly developing aspects of spine care, ISASS serves as a platform for the exchange of experience, ideas, and evidence regarding technologies, procedures, and modalities for the diagnosis and treatment of spinal conditions. ISASS will hold its 25th Annual Conference, April 10-12, 2025, in Miami, FL. Learn more: https://isass25.eventscribe.net/

IEP Careers and IEP Search are dedicated to connecting exceptional orthopedic and neuro spine surgeons with premier healthcare facilities across the United States. Learn more: www.iep-careers.com and https://iep-search.com/.

For additional information, contact Talia Guliasi. tguliasi@magnifigroup.com

LOGO link for media: https://iep-search.com/wp-content/uploads/2023/06/IEP-Logo-web.jpg

NEWS SOURCE: Magnifi Group

This press release was issued on behalf of the news source (Magnifi Group), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/iep-careers-and-iep-physician-search-secure-partnership-with-isass-to-assist-placing-spine-surgeons/

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. The new specified loan durations functionality, customized to the given lender’s execution, puts the formerly back-end modeling directly in the hands of mortgage capital markets professionals.

Image caption: MCT Empowers Mortgage Hedging Performance with Customized Spec Durations.

“Pricing granularity in the secondary mortgage market has steadily increased for nearly a decade. We feel it is essential to give clients transparency and customized control around spec durations,” said Phil Rasori, COO of MCT. “As evidenced by the Mission Score programs and the latest low loan balance specified pool tranches, a rising share of production can be expected to be spec eligible in the future. With this release, our clients are prepared to reap the benefits of that trend while maintaining the strongest possible hedge performance.”

Specified loan products available to be sold to the agency cash windows or Ginnie Mae securitizations yield better pricing for mortgage lenders, but their durations vary compared to non-spec production, which, if not properly accounted for, exposes hedged mortgage pipelines to basis risk and underperformance. Many lenders choose to adjust for the spec duration variance by estimating off an average of their pipeline expected to be spec eligible, but this approach leaves them vulnerable to changes in the makeup of their pipeline.

MCT’s superior approach runs an analysis of each execution of each spec program to calculate and set spec durations. These executions include product-level cash window, dealer pay-up survey and, most importantly, MCTlive! platform specified pool executions. Spec durations are now available for review and customization by clients. This new functionality is designed for seasoned capital markets professionals to get involved in the process themselves rather than having it managed by MCT experts. Lenders interested in a refresher are encouraged to read Duration & Convexity in Mortgage Pipeline Hedging.

“Giving our clients and traders the ability to match their loan durations to their spec executions provides them a critical edge in the industry-wide progression towards higher pricing granularity,” said Andrew Rhodes, Senior Director, Head of Trading at MCT. “For lenders delivering significant specified loan production, increasing duration granularity can bring about a meaningful improvement in their hedge performance.”

Mortgage lenders interested in learning more about how granular spec durations may increase their hedge performance are encouraged to schedule a consultation with MCT for the upcoming MBA Annual Convention and Expo.

About MCT:

For more information, visit https://mct-trading.com/ or call (619) 543-5111.

View the MCT newsroom at: https://mct-trading.com/newsroom/press-releases/

MEDIA CONTACT:
Ian Miller
Chief Marketing Officer
Mortgage Capital Trading
619-618-7855
pr@mctrade.net

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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.

Image caption: Legalize Ferrets Files Petition for Regulatory Change with California Office of Administrative Law.

The shift in strategy stems from the fact that California’s ferret ban, enacted in 1931, predates the establishment of the OAL and the Administrative Procedure Act (APA). The APA mandates that all regulations go through a formal process to ensure transparency, accountability, and public input—something that did not occur with the ferret ban. By filing this petition, Legalize Ferrets is now addressing the issue where it originated: before the OAL.

“We believe this petition represents our best path forward,” said Pat Wright, founder of Legalize Ferrets. “The OAL was created to ensure that regulations like this are properly vetted through a formal process, which is something the ferret ban has never gone through. We are optimistic that this will lead to a fair and thorough review, which has been missing for nearly a century.”

The OAL has sixty days to respond to the petition, during which Legalize Ferrets remains committed to pursuing all available avenues for justice. While the lawsuit in San Diego Superior Court is paused, the group believes that the regulatory petition offers a strong chance of success by revisiting the legal basis for the ban.

“We’re not stepping back – we’re simply changing our approach,” Wright added. “We’re confident that the regulatory process will allow for a fresh and fair review of the facts, and we encourage our supporters to stay engaged and continue pushing for change.”

Supporters are encouraged to sign the Change.org petition to further the cause.

About Legalize Ferrets:

Legalize Ferrets is a grassroots organization dedicated to the legalization of domestic ferrets in California. The group advocates for legislative and regulatory changes to overturn the nearly century-old ban on ferrets in the state. Through legal action, public outreach, and education, Legalize Ferrets aims to ensure that ferret owners can enjoy the same rights as pet owners in 48 other states.

For more information, please visit https://www.legalizeferrets.org/.

The petition and exhibits are at (PDF): https://www.legalizeferrets.org/wp-content/uploads/2024/10/Petition-for-Regulation-Change.pdf.

There is a change.org petition that people can sign at https://chng.it/mw7MJNpc95.

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NEWS SOURCE: Legalize Ferrets

To view the original story, visit: https://www.send2press.com/wire/legalize-ferrets-pauses-lawsuit-files-petition-for-regulatory-change-with-california-office-of-administrative-law/

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.”

Image caption: CapitalW Collective.

A Shared Vision for Progress

Katten, a full-service law firm with approximately 700 attorneys in locations across the United States and in London and Shanghai, shares CapitalW Collective’s commitment to educating, elevating, and empowering underrepresented groups within mortgage capital markets.

“We are thrilled to welcome Katten as a corporate sponsor,” said Leslie Winick, co-founder and Board member of CapitalW Collective. “They have a long and distinguished reputation not only as experts in their field, but in promoting diversity, equity, and inclusion within their own corporate culture and across the financial services sector.”

Support That Makes a Difference

As a corporate sponsor, Katten will provide critical financial resources to be used to create educational content and develop an expansive platform to connect with advocates across the industry. Katten will also share its expertise through CapitalW Collective programming.

“Katten is proud to partner with CapitalW Collective in this organization’s important mission to support and celebrate women in the finance industry,” said Katten Partner and Broker-Dealer Regulation practice Co-Chair Susan Light, who coordinated the sponsorship. “Our firm is dedicated to fostering an inclusive culture where women are supported, recognized, and empowered to reach their full potential and thrive in their careers. We look forward to working together to inspire the current and next generation of women leaders.”

About CapitalW Collective:

For more information, visit https://capitalwcollective.org/.

NEWS SOURCE: CapitalW Collective

To view the original story, visit: https://www.send2press.com/wire/katten-and-capitalw-collective-align-to-support-women-in-mortgage-capital-markets/

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.

Image caption: IEP Physician Search.

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.

Liesl Bernard, CEO of IEP Physician Search, said CPI will fill one position at its Ohio facility and the other in Indiana. “Our team has a deep understanding of these specialties and the unique needs of both candidates, coupled with what CPI is looking for,” Bernard said. Bernard added that IEP Physician Search will take the required time to meet the specific goals and preferences of CPI, ensuring the right fit.

Jessica Levy, CPI’s Chief of Staff, said CPI selected IEP Physician Search because of its team’s expertise in the physician field and its access to a significant database of pain management physician specialists. “IEP Physician Search understands the importance of meeting our goals measured against a critical timeline,” Levy said.

About IEP Physician Search:

IEP Physician Search is dedicated to connecting exceptional orthopedic surgeons and electrophysiologists with premier healthcare facilities across the United States, IEP Physician Search is a joint venture between Magnifi Group, Inc. and Kalon Staffing, LLC. https://iep-search.com.

For additional information, contact Rachelle Henning at rachelle@iep-search.com

About Capitol Pain Institute (CPI):

Capitol Pain Institute (CPI) is a leading interventional pain management platform with clinics and ambulatory surgical centers across the United States. CPI offers a customized and multi-disciplinary approach to chronic pain treatment, with particular focus on advanced procedures such as spinal cord stimulator implants. CPI partners with physicians and practices that share a common goal of providing high quality, compassionate care at a reasonable cost. The company is also committed to enhancing the communities in which they serve and investing in the advancement of the field of pain management through innovation and evidence-based medicine. CPI was founded by Dr. Matthew Schocket in Austin, Texas in 2007. For more information, visit https://capitolpain.com/.

For additional information, contact Jessica Levy at jglevy@audenteshealth.com.

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NEWS SOURCE: IEP Physician Search

This press release was issued on behalf of the news source (IEP Physician Search), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/iep-physician-search-to-assist-capitol-pain-institute-to-place-pain-management-physicians/

MCT Expands MSR Valuation Options with AD&Co Prepayment Model

Addition of Internationally Recognized Model Enhances Scenario Testing, Precision, and Confidence for MSR Managers

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! This integration allows MSR portfolio managers to leverage and compare both models, increasing confidence in the precision of their valuations and scenario testing.

Image caption: MCT – Mortgage Capital Trading.

“MCT’s MSRlive! platform is one of the most extensively adopted and customizable MSR valuation models in the industry,” said Bill Shirreffs, Senior Director, Head of MSR Services and Sales Operations at MCT. “We’re proud to work with AD&Co to add their internationally recognized LDM prepayment model alongside the customization and flexibility clients appreciate about our proprietary model.”

Because the MSR may be sold or retained independently of residential mortgage loans, MSR valuation and portfolio management is a critical function for U.S. mortgage lenders. Central to the value of any MSR is a forecast of its prepayment speed, which is dependent on a wide array of assumptions and heavily influenced by macroeconomic developments. MCT and AD&Co are both highly regarded providers of this prepayment modeling, and through their new alliance, they combine the best of both models for the benefit of capital markets professionals.

“AD&Co’s flagship LoanDynamics Model is a perfect complement to MCT’s MSRlive!,” said Michelle Stepien Breier, Business Development Manager at AD&Co. “AD&Co’s industry leading prepayment and credit models, coupled with MCT’s MSRlive!, provide a best-of-breed joint solution to MSR portfolio managers.”

The integration allows MSRlive! users who have an existing license or plan to license AD&Co’s LDM the opportunity to apply greater fine-tuning parameters to prepayment forecasting in accordance with the needs of the individual user and their portfolio.

MSR portfolio managers interested in a consultation on their valuation and retention strategy are encouraged to schedule a meeting with MCT and AD&Co for the upcoming MBA Annual Convention here: https://mct-trading.com/contact/

Read the full press release: https://mct-trading.com/press-release/mct-expands-msr-valuation-options-with-adco-prepayment-model/

About MCT:

For more information, visit https://mct-trading.com/ or call (619) 543-5111.

About Andrew Davidson & Co., Inc.:

Andrew Davidson & Co., Inc. develops and licenses prepayment and credit models, as well as risk measurement tools used as benchmark analytics by top mortgage and commercial banks, insurance companies, mortgage insurers, reinsurers, credit unions, broker-dealers, and investment management firms. Since its inception, the firm has provided clients with high-quality models, applications, consulting services, research, and thought leadership, all aimed at yielding advanced, quantitative solutions for an array of financial and investment management needs.

For more products and services information, visit www.ad-co.com and for direct inquiries contact support@ad-co.com. For media inquiries, contact Ashlea Bonds at ashlea@ad-co.com.

MEDIA CONTACT (MCT):
Ian Miller
Chief Marketing Officer
Mortgage Capital Trading
619-618-7855
pr@mctrade.net

MULTIMEDIA:

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NEWS SOURCE: Mortgage Capital Trading Inc.

To view the original story, visit: https://www.send2press.com/wire/mct-expands-msr-valuation-options-with-adco-prepayment-model/

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.

Image caption: MCT Reports 3% Increase in Mortgage Lock Volume, Refinance Activity Buoys Market.

August and September have seen a continued slowdown in purchase lock volume, as is typical following the summer buying season. However, refinance activity has shown a steady increase, strong enough to offset the usual decline in overall lock volume from August to September. This increase in refinance activity has contributed to maintaining total lock volume production.

“This data signals a potential shift in strategy for loan officers, who are increasingly targeting borrowers looking to refinance after securing mortgages at higher peak rates,” said Andrew Rhodes, Senior Director and Head of Trading at MCT. “However, for a more significant rise in refinance activity, mortgage rates will need to drop much further. Currently, many borrowers remain locked into historically low rates, making the potential for increased refinance volume contingent on further rate reductions outside of market expectations.”

Rhodes also pointed to the significance of upcoming economic indicators. “With the expected Fed rate cuts already factored in, the market is now turning its attention to Friday’s Nonfarm Payroll report and the next Consumer Price Index release for signs of where rates are headed,” he added.

As the industry navigates these evolving market conditions, MCT continues to provide critical insights and cutting-edge solutions for mortgage professionals.

For further insights into the current mortgage market and the latest trends in lock volume, MCT invites industry professionals to download the full report.

For a deeper analysis of these trends, download MCT’s full report: https://mct-trading.com/press-release/mct-reports-a-3-increase-in-mortgage-lock-volume-buoyed-by-refinance-activity/

About MCT:

For more information, visit https://mct-trading.com/ or call (619) 543-5111.

MEDIA CONTACT:
Ian Miller
Chief Marketing Officer
Mortgage Capital Trading
619-618-7855
pr@mctrade.net

MULTIMEDIA:

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NEWS SOURCE: Mortgage Capital Trading Inc.

To view the original story, visit: https://www.send2press.com/wire/mct-reports-3-increase-in-mortgage-lock-volume-refinance-activity-buoys-market/

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.

A recent quarter-point drop in conventional 30-year and government 30-year mortgage rates has triggered an increase of 103.19% in refinance activity compared to the previous month. This surge has helped stabilize overall production levels as total volume remains low, especially when compared to 2020 and 2021. Notably, the year-over-year comparison shows a moderate increase of about 21% in total volume, also driven by a dramatic rise in refinances over the previous year.

Industry experts suggest that many lenders may be pricing in the potential rate cuts expected during the upcoming Federal Reserve meeting.

Andrew Rhodes, Senior Director and Head of Trading at MCT, offered insights into the current market landscape: "We could see additional short-term market volatility as the Fed considers a 25 or 50 basis point rate cut. Friday's Nonfarm Payroll Report will provide further clarity on that decision."

Industry professionals and market enthusiasts are encouraged to download the full report from MCT for a comprehensive analysis of these market dynamics.

MCT's Lock Volume Indices present a snapshot of rate lock volume activity in the residential mortgage industry broken out by lock type (purchase, rate/term refinance, and cash out refinance) across a broad diversity of lenders (e.g., sizes, products/services offered, business models) from MCT's national footprint.

For a deeper analysis of these trends, download MCT's full report: https://mct-trading.com/press-release/mct-reports-3-percent-mortgage-lock-volume-increased-refinance-activity/

About MCT:

For over two decades, MCT has been a leading source of innovation for the mortgage secondary market. Melding deep subject matter expertise with a passion for emerging technologies and clients, MCT is the de facto leader in innovative mortgage capital markets technology. From architecting modern best execution loan sales to launching the most successful and advanced marketplace for mortgage-related assets, lenders, investors, and network partners all benefit from MCT's stewardship. MCT's technology and know-how continues to revolutionize how mortgage assets are priced, locked, protected, valued, and exchanged - offering clients the tools to perform under any market condition.

For more information, visit https://mct-trading.com/ or call (619) 543-5111.

MEDIA CONTACT:
Ian Miller
Chief Marketing Officer
Mortgage Capital Trading
619-618-7855
pr@mctrade.net

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.

Related link: https://mct-trading.com/

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.

Magnifi Group is uniquely positioned to ensure IEP Physician Search's success due to the didactic courses it holds for Fellows in numerous Orthopaedic specialties, Pain Management and Electrophysiology.

Teaming up with Kalon will further accelerate the accomplishments of IEP Physician Search due to the company's extensive experience placing proven specialists into highly skilled positions.

Andrew Wolpe, president and COO of Magnifi Group said demand from Medical Practices for Fellows entering their respective fields is significantly high due to the relatively small number that are available each year. "We're looking at an average of only 100 Fellows per specialty, per year," said Wolpe. "Since we meet them at our IEP Courses, it's a natural next step to assist these Fellows in their career placement," Wolpe said.

Liesl Bernard, CEO of Kalon Staffing, said her team assesses the criteria for all Fellows has when placing them. "For some, it's geography, for others it's the size of practice and of course it comes down to chemistry," Bernard said. Bernard added that she and her team play a critical role in working with both the medical centers and the Fellows to ensure the perfect match.

Magnifi Group, Inc. is a developer of an FDA-compliant eLearning platform for the medical device and biologics industries. The company also hosts the Spine IEP Live Fellows Course; the Lower Extremity IEP Live Fellows Course; the Hip and Knee IEP Live Fellows Course; the Electrophysiology IEP Live Fellows Course and the Pain Management IEP Live Fellows Course.

Kalon Staffing, LLC. is an executive search firm focused on making precision placements in specialized health and medical fields.

Learn more: http://iep-search.com/

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.

Related link: https://www.magnifigroup.com/

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. Loan buyers and sellers use the security spread commitment to transact before counterparty approval, vastly increasing liquidity while giving sellers confidence in the price execution of new buyers.

"For decades industry players have imagined a time when buying a loan would be as easy as buying an item on eBay," said Phil Rasori, MCT COO and architect of the security spread commitment. "Arduous counterparty approval processes always blocked the way - but no longer. By committing to a price spread against the underlying security, buyers and sellers can confidently transact before undertaking mutual approvals. We're tremendously proud this innovation has been recognized by the U.S. Patent Office."

Through security spread commitments, any interested buyer on MCT Marketplace can make an executable bid on any mortgage loan up for auction. In the case of a buyer winning an auction from a new counterparty, the price is converted to a security spread against a mutually agreed security price. The price of this security continues to move with the market while mutual approvals are completed, routinely expediting the process from months to an average of five days. Following approval, the security spread is converted back to a fixed price and the transaction is completed. Through tools like the security spread commitment and MCT's AutoBid bid tape pricer, investors are efficiently bidding more loan collateral than ever before, and sellers are finding best execution and liquidity that would otherwise be missed.

"Gone are the days of a finite set of approved investors, not knowing who has an axe and incomplete information on who may offer the best price," said Curtis Richins, president and CEO at MCT. "MCT Marketplace is the only loan exchange where sellers can receive executable bids from unapproved buyers. Through our patented security spread commitment, MCT firmly holds its position as the gold standard in best execution and moves one step closer to the ultimate goal - when every loan can be priced by every investor."

Use cases for this groundbreaking methodology extend beyond standard whole loan trades. Security spread commitments can also be leveraged to facilitate transactions on open loans that are still being hedged in a lender's pipeline. Buyers with specific collateral targets to fulfill, such as CRA, AMI, and other specified pool obligations, can make early offers on loans in a lender's pipeline via security spread commitments.

Mortgage market participants interested in learning more about the impact that innovative loan sale practices may have on their business are encouraged to read the whitepaper, "Why Your Loan Sale Process is Holding You Back" - https://mct-trading.com/whitepaper/why-your-loan-sale-process-is-holding-you-back/.

About MCT:

For over two decades, MCT has been a leading source of innovation for the mortgage secondary market. Melding deep subject matter expertise with a passion for emerging technologies and clients, MCT is the de facto leader in innovative mortgage capital markets technology. From architecting modern best execution loan sales to launching the most successful and advanced marketplace for mortgage-related assets, lenders, investors, and network partners all benefit from MCT's stewardship. MCT's technology and know-how continues to revolutionize how mortgage assets are priced, locked, protected, valued, and exchanged - offering clients the tools to perform under any market condition.

For more information, visit https://mct-trading.com/ or call (619) 543-5111.

Related Links:

https://mct-trading.com/software/marketplace/

https://mct-trading.com/investor-services/#autobid

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.

Related link: https://mct-trading.com/

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.

Mortgage lock volume over the past eight weeks has continued to trend downward. This trend is consistent with a decrease in supply as we progress through the summer.

Looking ahead, the trend is expected to continue into the next month. Even as rates gradually decrease, many potential buyers may be holding off in anticipation of potentially better rates later in the year.

Additionally, a potential September rate cut has already been priced into the market, suggesting that if the Federal Reserve does cut rates in their September meeting, it may have little effect on mortgage rates.

Andrew Rhodes, Senior Director, Head of Trading at MCT, states, "Today's Nonfarm payroll report came in below expectations along with a higher than expected unemployment rate. If this trend continues, it is looking very likely the Federal Reserve will cut rates in their September meetings."

MCT's Lock Volume Indices present a snapshot of rate lock volume activity in the residential mortgage industry broken out by lock type (purchase, rate/term refinance, and cash out refinance) across a broad diversity of lenders (e.g., sizes, products/services offered, business models) from MCT's national footprint.

For more information, visit https://mct-trading.com/ or call (619) 543-5111.

Download the Complete Report at: https://mct-trading.com/press-release/mct-reports-a-6-percent-mortgage-lock-volume-decrease-in-latest-indices-report/

MULTIMEDIA:

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Image caption: Lock Volume for July by Transaction Type.

MCT Media Contact:
Ian Miller
Chief Marketing Officer
Mortgage Capital Trading
619-618-7855
pr@mctrade.net

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.

Related link: https://mct-trading.com/

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.

The Mission Score API and product grids provide a loan-level Mission Score and associated pricing to mortgage originators, who may improve margins or pass through better borrower pricing using MCT technology. MCT, the first to integrate with the API, has a long history of empowering mortgage market participants to optimize their business, and these latest integrations increase the granularity of pricing that Fannie Mae provides sellers on MCT Marketplace - the largest mortgage asset exchange for the U.S. secondary market.

"Fannie Mae changed the market back in 2016 by bringing spec programs to the cash window, putting lenders in a position where they could take the pay-ups and push them through as more competitive pricing for the borrower," said Phil Rasori, COO of MCT. "Now, Fannie Mae has done it again by pushing forward the Mission Score pay-ups available on the securitization side toward front-end borrower pricing."

For mutual clients, pricing from the new API and product grids are integrated seamlessly into the best execution analysis, commitment, and delivery processes in MCT Marketplace. Lenders using the new MCT Base Rate Generator can leverage the Mission Score products to directly inform and generate their front-end borrower pricing.

"The Mission Score API and Mission Score product girds are Fannie Mae's latest solutions intended to support affordable homeownership opportunities and promote mission-based financing to qualified borrowers," said Pete Skarnulis, Single-Family Business Account Management Solutions - Vice President at Fannie Mae. "Through close partnership and collaboration with our industry partners, we're able to introduce innovative solutions to the market at scale, helping to promote positive change across the mortgage industry."

Lenders are encouraged to register for the upcoming industry webinar hosted by MCT, and featuring Fannie Mae, to learn more about the features and benefits of the Mission Score API and product grids for mortgage originators and their borrowers. Learn more: https://mct-trading.com/webinar/mct-fannie-mae-mission-score-webinar/.

About MCT:

For over two decades, MCT has been a leading source of innovation for the mortgage secondary market. Melding deep subject matter expertise with a passion for emerging technologies and clients, MCT is the de facto leader in innovative mortgage capital markets technology. From architecting modern best execution loan sales to launching the most successful and advanced marketplace for mortgage-related assets, lenders, investors, and network partners all benefit from MCT's stewardship. MCT's technology and know-how continues to revolutionize how mortgage assets are priced, locked, protected, valued, and exchanged - offering clients the tools to perform under any market condition.

For more information, visit https://mct-trading.com/ or call (619) 543-5111.

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.

Related link: https://mct-trading.com/

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.

"Our collaboration with MCT marks a significant milestone in our mission to provide lenders with innovative tools to streamline their operations and maximize profitability," said Dawar Alimi, CEO and Co-Founder of Lender Price. "Integrating MCT's MSR valuation grids into our PPE allows our clients to manage their pricing more effectively and stay ahead of market conditions. Together with MCT, we're committed to delivering exceptional value to our clients and continuously driving innovation in mortgage capital markets technology."

Alongside the mortgage, valuing MSRs is the next largest component of generating front-end borrower pricing. This first-of-its-kind integration puts live, loan-level MSR values in the hands of capital markets professionals when they need it most, during the daily process of pricing loans using their PPE. Mortgage lenders will save time and money through faster and more strategic best execution decisions, dynamic margin management, and stronger pricing analytics, all in one enterprise pricing engine.

"Lender Price has shown a commitment to providing the top-performing pricing experience for mortgage lenders by integrating the industry's most granular MSR values," said Curtis Richins, president and CEO of MCT. "We're proud that Dawar and his team selected MCT for this groundbreaking partnership."

Mortgage lenders can expect exciting future developments from this new partnership. Interested organizations can reach out to MCT or Lender Price for more detail about leveraging loan-level MSR values to create stronger mortgage pricing.

About MCT:

For over two decades, MCT has been a leading source of innovation for the mortgage secondary market. Melding deep subject matter expertise with a passion for emerging technologies and clients, MCT is the de facto leader in innovative mortgage capital markets technology. From architecting modern best execution loan sales to launching the most successful and advanced marketplace for mortgage-related assets, lenders, investors, and network partners all benefit from MCT's stewardship. MCT's technology and know-how continue to revolutionize how mortgage assets are priced, locked, hedged, traded, and valued - offering clients the tools to perform under any market condition.

For more information, visit https://mct-trading.com/ or call (619) 543-5111.

About Lender Price:

Lender Price delivers superior cloud-native pricing technology to top banks, lenders, credit unions, and mortgage brokers. Built on a modern technology stack, our solutions are user-friendly, configurable, and easier to integrate, resulting in improved workflow and pricing efficiencies. Lender Price's advanced technology, combined with its deep understanding of the lending landscape, sets it apart from the competition. By leveraging artificial intelligence, machine learning, and data-driven insights, Lender Price equips lenders with the knowledge and resources to make informed decisions and drive growth. Recognized by top industry publications, our award-winning pricing, product and eligibility (PPE) platform continues to lead the industry in advancing capital markets and mortgage pricing technology. Visit us at https://lenderprice.com/ for more information.

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.

Related link: https://mct-trading.com/

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.

As mortgage lock volume edges upward during the buying season, the mortgage industry continues to monitor economic indicators that will factor into the Federal Reserve's decision on how long to hold rates.

Early May economic indicators present a mixed bag, which could give the Federal Reserve reason to hold rates longer. While April's Consumer Price Index (CPI) aligned with predictions, the May Nonfarm Payroll report far exceeded forecasts with an additional 272,000 jobs.

The combination of the May Nonfarm Payroll and upcoming CPI report could suggest that the Federal Reserve will hold rates longer as they seek more consistent economic indicators pointing toward their goal of two percent inflation.

Andrew Rhodes, Senior Director and Head of Trading at MCT, stated, "The next couple of months will be key from a data standpoint as the Federal Reserve looks for a trend of inflation heading towards the goal of two percent. Considering the Nonfarm Payroll number that just came out, setting a trend is going to take more time. We're looking ahead to the May CPI print to see how the Fed is going to interpret both data points. Even with CPI coming in around expectation, the jobs number could likely push the FED to further delay their rate cuts."

To access the comprehensive insights provided by MCT's Lock Volume Indices, interested parties are encouraged to download the full report: https://mct-trading.com/press-release/mct-reports-a-7-percent-lock-volume-increase-in-latest-indices-report/.

MCT's Lock Volume Indices present a snapshot of rate lock volume activity in the residential mortgage industry broken out by lock type (purchase, rate/term refinance, and cash out refinance) across a broad diversity of lenders (e.g., sizes, products/services offered, business models) from MCT's national footprint.

About MCT:

For over two decades, MCT has been a leading source of innovation for the mortgage secondary market. Melding deep subject matter expertise with a passion for emerging technologies and clients, MCT is the de facto leader in innovative mortgage capital markets technology. From architecting modern best execution loan sales to launching the most successful and advanced marketplace for mortgage-related assets, lenders, investors, and network partners all benefit from MCT's stewardship. MCT's technology and know-how continue to revolutionize how mortgage assets are priced, locked, hedged, traded, and valued - offering clients the tools to perform under any market condition.

For more information, visit https://mct-trading.com/ or call (619) 543-5111.

MULTIMEDIA:

Image link for media: https://mct-trading.com/wp-content/uploads/2024/06/mct-lock-volume-indices-20.png

Image Caption: Lock Volume for May by Transaction Type

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.

Related link: https://mct-trading.com/

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.

"We are truly energized by the positive feedback from colleagues, partners, and new acquaintances at the MBA Secondary on our purpose, mission, and ideas for bringing a new generation of leaders into mortgage capital markets," said Amy Creason, Co-Founder and Board Member.

CapitalW was formed by industry veterans who saw a need to amplify current achievement and ensure future success for more diverse participants.

"CapitalW is singular in its scope. We're the only mortgage non-profit that is specifically focused on women in capital markets," stated Leslie Winick, Co-Founder and Board Member. "Capital markets is a broad term and includes the entire loan lifecycle - pricing, locking, hedging, servicing, sales, securitization - there's room for so many skill sets and varied backgrounds. We welcome all under the CapitalW banner."

"While in New York, we met with leading industry associations and companies to explore collaborative educational programming, outreach, and networking support. Sponsorships were secured to assist in the delivery of CapitalW endeavors, and more are in process," commented Patricia Peters, Co-Founder and Board Member.

During 2024, the organization will focus on virtual learning and engagement. CapitalW will also curate a "speakers bureau" for easy search and identification of female capital markets experts for panel and roundtable participation, media inquiries, and more. In the years ahead, CapitalW is planning to host content-rich, in-person events that will showcase talent, promote knowledge sharing, and expand professional networks.

Offering visibility and support to women doesn't just help level the playing field - it provides affirmation and further opportunity to the people who are actively transforming the mortgage industry of today and tomorrow.

"Our mission is to create more inclusive and dynamic mortgage capital markets, one woman and ally at a time. Sure, we have work to do, but it's an achievable goal," said Ms. Creason.

For additional information and to learn how you can get involved or become a sponsor, visit https://capitalwcollective.org/.

Supporters can also follow CapitalW on Linkedin.

About CapitalW Collective:

CapitalW Collective ("CapitalW") is a 501(c)(3) non-profit comprised of female capital markets professionals and their allies that fosters an environment of learning, growth, recognition, and achievement. CapitalW is working to ensure that more women are present, seen, and heard in mortgage capital markets.

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.

Related link: https://capitalwcollective.org/

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. Drug-Free World volunteers and staff introduced those attending the conference to their acclaimed Truth About Drugs drug education and prevention initiative, which they provide free of charge to anyone wishing to help kids on this urgent subject.

National PAL's mission and activities are based on the conviction that young people, reached early enough, are more likely to become productive adults and agents of positive change.

The Truth About Drugs youth-friendly booklets and videos help accomplish this purpose. They get through to young people, keeping them interested and engaged. The Truth About Drugs documentary drives home the message, as former addicts share harrowing stories of how they were trapped in the dwindling spiral of addiction.

"Truth About Drugs materials can also contribute to PAL's mission to provide youth with leadership opportunities to help others," said Foundation for a Drug-Free World Executive Director Jessica Hochman. "Our program not only helps young people make the firm decision not to experiment with drugs, it also helps them take responsibility for their peers, their siblings - even their parents - and gives them the confidence that they can set an example for others. With your commitment to helping youth and our drug-prevention campaign and free online courses, we can truly save lives."

The Truth About Drugs program is the largest and most comprehensive nongovernmental drug education and prevention program of its kind. It is spearheaded and coordinated by the Foundation for a Drug-Free World, a secular nonprofit public benefit corporation that empowers youth and adults with factual information about drugs so they can make informed decisions and live drug-free. The program is used by teachers, school counselors, drug education specialists and law enforcement officers around the world. Its drug-free message reaches millions of people each year.

Inspired by Scientology Founder L. Ron Hubbard, who found drugs to be "the single most destructive element present in our current culture," Scientology Churches and Scientologists support Foundation for a Drug-Free World, making it possible to provide its materials free of charge to schools, civic groups, governments, law enforcement, and individuals and institutions in the private sector.

Visit VoicesforHumanity.tv to watch short documentaries introducing change makers of all faiths, cultures and nations who use this and other Scientology-supported humanitarian programs to better their communities and society.

LEARN MORE:

https://www.scientologynews.org/press-releases/

https://www.drugfreeworld.org

VIDEO:

https://www.scientology.tv/documentaries/the-truth-about-drugs.html

https://www.scientology.tv/documentaries/they-said-they-lied.html

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.

Related link: https://www.drugfreeworld.org/