Mortgage Capital Trading - MCT

06/24/2026

As the quarter comes to a close, mortgage lenders need more than a basic MSR valuation. They need reporting that is accurate, transparent, and useful for decision-making.

MCT’s MSR portfolio valuation solutions help lenders understand what is driving portfolio value changes, how recent production is influencing overall value, and where opportunities may exist to optimize performance heading into Q3.

With Rollover Reporting, lenders can clearly see the key factors behind portfolio movement. MCT can also value a wide range of collateral types, including Non-QM, commercial loans, second mortgages, and any asset with a cash flow that can be modeled.

For lenders looking to improve clarity around their MSR portfolio, MCT is ready to assist with comprehensive third-party valuation reporting.

Use trusted, modern, and efficient MSR valuation software and services from MCT to achieve your mortgage servicing rights portfolio goals.

06/23/2026

Stuart Lynn, Chief Financial Officer at Mortgage Forward, shares how his team leverages MCT’s full-service secondary marketing and hedging support, Lender Analytics, and MSR solutions to improve ex*****on, strengthen profitability, and position the company for aggressive future growth.

As a growing independent mortgage lender, Mortgage Forward sought a partner capable of delivering comprehensive secondary marketing expertise while allowing its team to remain focused on originating loans and serving customers.

Rather than building a large in-house capital markets operation, Mortgage Forward partnered with MCT to manage the full spectrum of secondary marketing activities, from hedging and loan sales to reporting and servicing support.

https://mct-trading.com/case-study/mortgage-forward/

06/15/2026

The mortgage market remained characterized by elevated interest rates, persistent inflation concerns, and heightened geopolitical uncertainty.

Mortgage rates moved higher, firmly in the 6.375% - 6.75% range as bond markets repriced expectations for Federal Reserve easing. This is contrary to expectations earlier in the year that mortgage rates would gradually decline toward the 5% range. Current strong labor markets data, persistent inflation, and renewed energy price pressure pushed Treasury yields and mortgage rates higher. Consequently, the Interest rate outlook points to elevated levels through Q3, 2026.

Although the U.S. economy remained surprisingly resilient. The labor markets continued to perform well with steady job creation. Consumer spending remained healthy despite higher borrowing costs. Several economists and market participants concur that there is a possibility that the Federal Reserve could hold rates at the current level through all of 2026, with some even suggesting that there could be rate hikes if inflation accelerates further.

The housing market showed modest improvement despite elevated mortgage rates. Existing home sales increased 3.2% in May to an annualized pace of 4.17 units, which represents the strongest pace since December 2025. Housing inventory improved to approximately 1.55 million units but remained below pre-pandemic levels. The average home price rose to a record $429,300, though home price appreciation has slowed significantly. Affordability remained the primary constraint on sales activity.

The mortgage market remained characterized by elevated interest rates, persistent inflation concerns, and heightened geopolitical uncertainty. Read the June MSR update to learn more about the current MSR market.

06/11/2026

A hedge can look strong on paper and still miss how your pipeline actually behaves. This whitepaper compares TBA and note rate hedging so lenders can better align strategy with real pipeline exposure.

MCT breaks down both approaches, including how each strategy works, where they differ, and what lenders should consider when evaluating the right fit for their organization.

Download the whitepaper to compare TBA vs. note rate hedging and make a more informed decision for your pipeline.

This paper explores the fundamental concepts of mortgage pipeline hedging by examining two common financial instruments used to mitigate risk exposure: To-Be-Announced Mortgage-Backed Securities (TBA MBS) and note rate forward contracts.

06/09/2026

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.

MCT’s June Lock Volume Indices show steady purchase activity, while rate/term refinances fell 25% in May amid market uncertainty and Fed transition.

06/02/2026

AI just moved from the sidelines to the trading desk: https://mct-trading.com/blog/pike-creek-hedge-ex*****on/

In a live mortgage pipeline, Pike Creek Mortgage Services, Inc. used MCT’s Atlas AI to analyze their position, identify the trades needed to bring coverage back to optimal, and execute those trades inside client-controlled parameters.

That included a $3 million TBA routed to a competitive auction across all dealers, plus two $500,000 trades routed to selected dealers. Within seconds, each trade was filled and confirmed inside MCTlive!®.

For secondary marketing teams, this is the important part: the automation did not replace oversight. It worked within the guardrails Pike Creek had already defined.

Watch the video to see how Atlas AI is moving from trade recommendation to trade ex*****on in mortgage capital markets.

05/27/2026

Byte Software® and MCT recently announced an enhanced data integration designed to streamline secondary marketing for mortgage lenders. The updated integration leverages a modern Byte API to improve the speed, reliability, and scope of data exchange between Byte's LOS and MCT's platform, giving mutual clients faster access to accurate capital markets ex*****on.

Loan data flows seamlessly from Byte into MCT's platform, and post-commitment data, including loan sale commitments executed on MCT Marketplace®, is written back to Byte automatically for accurate recordkeeping and efficient loan delivery.

“Prudent hedge management starts with reliable data. MCT’s direct connection to the Byte database makes it very simple for customers to engage their services.”
- Mark Todd, EVP of Sales & Client Services, Byte

This enhancement reflects both companies' shared commitment to innovation and efficiency in mortgage banking. By transitioning to a modern API architecture, lenders gain faster data synchronization, improved field-level control, and a more reliable connection that scales with their needs; helping them protect margin and execute with confidence in today's cost-pressured market.

Learn more about the recent addition of LO historical pricing to the Byte - Mortech integration.

05/26/2026

“MCT gives such a great runway to scale. What happens if we add a zero to the end of our volume and a zero to the end of our production? MCT gives us that scalability. I have no concern over growth of volume or growth of production.” - Matthew Bickerton, Secondary Market Analyst at First Federal Lakewood.

Read the full case study - https://mct-trading.com/case-study/first-federal-lakewood/

05/19/2026

A strong secondary strategy can make all the difference between margin pressure and margin opportunity.

That idea brought plenty of energy to the booth at .

Ian Thomas Miller, Leslie Winick, Robert Barnhill, and the MCT Team connected with lenders of all sizes and industry partners to discuss how to increase profit margins, mitigate risk, and navigate today’s market with greater confidence.

Thank you to everyone who stopped by. We look forward to continuing the conversations.