MCT Integrates Its MCTlive! Software With Fannie Mae App – NMP Skip to main content

MCT Integrates Its MCTlive! Software With Fannie Mae App

Nov 08, 2017
Mortgage Capital Trading Inc. (MCT) has announced that Bill Shirreffs has joined the company in the newly created position of senior director of sales operations

Mortgage Capital Trading Inc. (MCT) has announced the release of new online functionality that automates the process of product selection and delivery of loan commitments directly to Fannie Mae for MCT’s lender clients. The new solution, which was developed as part of MCT’s ongoing technology collaboration with Fannie Mae, is called Rapid Commit and resides within MCT’s secondary marketing platform, MCTlive!
 
Fannie Mae’s Pricing & Execution-Whole Loan (PE-Whole Loan) application provides ease of use, flexibility and certainty for sellers. Rapid Commit functionality retrieves pricing directly into MCTlive!, which, in turn, speeds up the committing process, ensures data integrity and optimizes best execution for all commitments.
 
“We developed Rapid Commit to make our customers’ entire loan commitment process with Fannie Mae more efficient, providing automated, highly accurate best execution analysis that is instant and robust,” said Phil Rasori, Chief Operating Officer of MCT. “Working within MCTlive!, users leverage Rapid Commit to run initial best execution and determine that the loan meets Fannie Mae selling guidelines, followed by product-specific best execution that intelligently analyzes the optimal subset sizes and products to deliver as individual commitments.” 

 
About the author
Published
Nov 08, 2017
More from
Tech
AI Replaces Lending Handoffs At Credit Union

MidWest America FCU consolidates point of sale, origination and decisioning into a single AI-powered workflow

Jun 29, 2026
Dovenmuehle Launches New Diagnostic Process To Streamline Servicing Transfers

Mortgage subservicer says early-stage assessment helps lenders identify operational risks, improve onboarding efficiency, and reduce transfer-related delays

Jun 24, 2026
Blue Sage Expands SageVision, UW Studio, Voice AI Capabilities

Latest updates bring embedded AI automation to lending and servicing workflows

Jun 18, 2026
Mortgage AI Startup Copperlane Lands $4.1M Seed Round

Startup's AI assistant, Penny, aims to automate document collection, borrower follow-up, and file review before loans reach underwriting

Jun 18, 2026
Pennymac Expands AWS Partnership To Deploy AI Borrower Assistant

Lender says conversational AI will support borrower outreach and application workflows while accelerating cloud modernization of Plaisse

Jun 16, 2026
Ardley Launches Self-Service Platform For Mortgage Portfolio Growth

New platform lets lenders and servicers adjust pricing, borrower journeys and outreach campaigns directly

Jun 15, 2026