Mortgage Capital Trading Inc. (MCT) has announced the launch of its MCTlive! mobile application, enabling secondary marketing managers to review reporting, manage loan pipelines, and conduct whole loan trading from the convenience of their mobile phone. The mobile application provides a new access point to MCT’s cloud-based capital markets software platform, MCTlive!, and is now available in the Apple App Store.
The MCTlive! mobile app allows users the flexibility to manage essential secondary marketing activities on-the-go. Users can check pipeline coverage, send bid tapes for pricing, conduct best execution analysis, commit loans to investors or agencies, review reporting and more.
“Where some providers claim to put secondary marketing in the hands of their customers, MCT literally puts it in their hand,” said Phil Rasori, chief operating officer of MCT. “The MCTlive! mobile app is the first in a series of new innovations allowing users to do their jobs on-the-go. In an industry marked by consistent change, you need technology that allows you to change with it. That’s why we’ve launched a native iPhone app: Because market changes don’t wait for you to get to the office.”
The mobile app is the latest in a series of innovations designed to improve the efficiency and profitability of secondary marketing for lenders. Other recent innovations include Trade Auction Manager (TAM) and Bid Auction Manager (BAM), which were designed to automate TBA trading and whole loan trading, respectively.