Mortgage Capital Trading - MCT

10/15/2026

“Lenders should not have to manage the handoff between their LOS and their secondary marketing platform manually,” said Vikas Rao, CEO of Dark Matter Technologies. “This expanded integration with MCT helps automate that process, creating a more seamless flow of accurate data between Empower and MCT’s platform so lenders can spend less time reconciling information and more time focused on ex*****on.”

10/14/2026

The mortgage industry is stronger when more voices are heard, more talent is recognized, and more opportunities are created for current and future leaders.

That shared vision has been on display in Chicago during MBA Annual 2026, where CapitalW Collective and mPower- MBA Promoting Opportunities for Women to Extend their Reach initiative have each brought industry professionals together to champion women's leadership, strengthen connections, and create opportunities for growth.

As a proud sponsor of CapitalW Collective since its inception, MCT continues to champion its mission to educate, elevate, and empower women in mortgage capital markets. Through greater visibility, professional connections, and opportunities to share expertise and lead, CapitalW is helping shape the future of the industry.

Special recognition goes to the CapitalW Board (Leslie Winick, Lorene Good, Amy Summers Creason, CMB, and Deb Jones, CMB), as well as CapitalW Education Committee members for their leadership and dedication to advancing this mission.

Another important example of this commitment is the strong collaboration between CapitalW and MBA Education for the upcoming School of Capital Markets (SOCM). In this six-week program, residential mortgage professionals will receive a practical foundation in the secondary and capital markets functions that support residential mortgage banking.

MCT is proud to support and celebrate these important efforts!

Mortgage Bankers Association

10/13/2026

MCT Mortgage Rate Lock Index Con 30 + FHA 30 Closed Today at 5.776% for Builders and 7.354% for Non-Builders.

10/12/2026

Sunday's reception, hosted by MCT, Ardley, and PLACE brought together clients, partners, and friends for an evening of great conversations and connections at MBA Annual 2026 in Chicago. Thank you to everyone who attended and helped make it a memorable evening!

10/09/2026

“We’re updating MSR values, spec pay-ups, and base margins easily on a daily basis with MCT, and in some systems that could be a very cumbersome task. That really keeps us sharp to the market and to the street, and it helps us on the P&L side.” - Brett Elrod, Citizens Financial Group, Inc.

Read how Citizens gained 81% improvement in Confirm Rate on our website!

10/08/2026

“Non-QM is becoming an increasingly important part of the mortgage market, and the infrastructure supporting it needs to evolve alongside it,” said Curtis Richins, President and CEO at MCT. “Our focus is to walk lockstep with the industry, understand where originators are encountering friction, and build technology that removes those barriers. Bringing non-QM to MCT Marketplace is a natural extension of that commitment.”

Read the full press release on our website!

10/07/2026

“Spec pools are thinner than generic pools and rely on a narrower group of buyers, so when the market turns risk-off, that’s where liquidity dries up first,” Sarah Hellman Director of Lender Analytics at MCT explains. “The pay-up is the premium buyers were willing to pay for prepay protection, and it’s the first thing to go when their appetite for risk pulls back.”

10/06/2026

MCT's October Indices Report reflects a total lock volume decline of 10.15% month over month in September, as a steep bond selloff pushed mortgage rates toward 7.4%.

“September was a three point selloff in UMBS6 coupons, and that pushes everything up the coupon stack,” said Andrew Rhodes, Head of Trading at MCT. “We're seeing more trades in the UM7 coupon now.”

The report lands just after the Fed's first rate hike since 2023 and a weaker-than-expected September jobs report, which now has market expectations leaning toward a pause in October with an increase in December. “Job growth still feels like it's playing a secondary role to inflation given the geopolitical climate,” Rhodes said.

Download the MCT October Indices Report for a complete breakdown of current lock volume trends. -

MCT’s October Lock Volume Index show September lock volume fell 10.15% as a sharp bond selloff and Fed rate hike pushed mortgage rates toward 7.5%.

10/05/2026

MCT is a proud corporate development partner of CapitalW Collective and co-sponsor of their first “Welcome Party” at MBA Annual on Saturday. Please contact CapitalW or the MCT Team for the RSVP link.

If you’ll be in Chicago for the Mortgage Bankers Association’s Annual Convention, make CapitalW Collective’s gathering your start to the conference! Nothing says “let’s talk business” like a live DJ, full bars, catering, casino games, and cigar rolling.

Open to everyone. RSVP is required to attend. Space is limited, so please reserve your spot in advance.