The integration enables mutual lender clients to streamline an otherwise manual data transfer process, allowing them to pass and populate loan details from PCLender’s LOS to MCT’s hedge model, reducing the risk of market movement and ensuring the optimization of mutual clients’ hedge positions.
“We are excited to offer this new integration to lenders that are utilizing our secondary marketing advisory services and PCLender’s LOS,” said Chris Anderson, chief administrative officer at MCT. “Developing integrations with mortgage technology platforms in order to provide the best service to our clients is paramount to MCT’s mission.”
Lionel Urban, chief executive officer of PCLender, said, “Standardizing data integrations is valuable to lenders because they can then focus their business analysts and IT resources on other projects. We believe MCT is a leader in the secondary marketing services and look forward to streamlining operations for our mutual customers.”