MCT Offers Its Insights on Pipeline Hedging

MCT Trading Inc. (MCT), a provider of mortgage pipeline hedging and risk management services, has announced the availability of a free white paper designed for lenders that provides guidance in secondary market pipeline hedging. The paper is written as an executive brief for mortgage bankers considering making the intricate switch from a best efforts delivery platform to a mandatory delivery model, and also for companies that may already use a mandatory model but are looking for other options to help them be more successful. MCT's white paper identifies key characteristics of an effective pipeline hedging strategy, offering recommendations when evaluating advisory services, provides technology tips, identifies potential issues, overall benefits and more. “There are number of different pitfalls lenders need to be cognizant of when making the move from best efforts loan sales to mandatory commitments,” said Curtis Richins, president of MCT Trading Inc. (MCT). “Switching to pipeline hedging is a significant, fundamental shift in a lender’s secondary marketing strategy. It’s the road to greater profitability and risk mitigation, but selecting the wrong firm to help successfully make the change can be precarious. This white paper provides valuable information and a readiness check list by which to select the right firm for your specific business model.” MCT ranks 776 on Inc. 5000's list of fastest-growing private companies with an industry rank in the financial services category of 39 and impressive three-year sales growth of 405 percent.