Mortech Announces Integration With MCT

Mortech, a Zillow business providing mortgage technology software solutions for mortgage bankers and secondary market teams, has announced the integration of mortgage pipeline hedging and risk management provider, MCT Trading Inc. into Mortech’s product and pricing engine, Marksman. Using MCT’s real-time trading and best-execution product, MCTlive, lenders can now manage hedging, trading, and pipeline risk all in one place.

While using Mortech’s Marksman, mortgage lenders can seamlessly transfer their pending and locked loan scenario data from Marksman, directly to MCTlive, ensuring that loan officers’ pipelines of locked loans are accurately priced and optimally hedged.

“By adding hedging into their secondary marketing solutions, lenders are better equipped to make smarter lending decisions,” said Doug Foral, general manager of Mortech. “The partnership between Mortech and MCT is a win-win for our customers.”

"We’re excited about the integration of the two systems and believe they’ll complement our efforts to provide our shared customers the very best service and support,” said Chris Anderson, senior vice president at MCT Trading Inc. "This partnership between MCT and Mortech will result in higher efficiencies and informational exchange improvements.”