MCT Unveils Upgraded Pool Optimizer – NMP Skip to main content

MCT Unveils Upgraded Pool Optimizer

Navi Persaud
Dec 03, 2020
Stock photo of technological highway.

Mortgage Capital Trading, Inc. unveiled its upgraded MCTlive! Pool Optimizer functionality during the company's client conference. The pool optimizer allows secondary market managers to use actual cash window execution for optimization on each individual loan, rather than using a dealer survey for spec pay-ups, according to a press release.

"Depending on loan sale size, the tool looks at millions of iterations of execution options while doing the optimization process on a specified set of loans, creating a factorial to compute the optimal pooling solution," said MCT chief operating officer, Phil Rasori. "When you have a large number of high balance loans and you’re trying to fit them into the 10% de minimus rule, this will make the ideal allocations, whether a specific product or in a pool with high balance."

According to MCT, the pool optimizer involves both cash window commitment process and MBA optimization. This allows for full pricing granularity specific to every available execution, according to the release.

"The system reviews the open pipeline and accounts for all co-issue commitments across the three agencies, 50 aggregators and 10 co-issue buyers. With ‘cross commitment optimization’ you can check, for instance, Fannie direct against co-issue Servicing Marketplace, placing each loan in the best place," said Andrew Rhodes, director of trading at MCT. 

Dec 03, 2020
More from
Redfin Expands iBuying Business To Florida

RedfinNow, which makes cash offers for homes, now operates in 34 markets in 16 states and the District of Columbia.

Aug 11, 2022
MISMO Seeks Public Comment On 3 eMortgage Resources

Updates proposed to MISMO Business Glossary, eMortgage Glossary, and eModification Reference Flyer.

Regulation and Compliance
Aug 05, 2022
Deal With Opendoor Allows Zillow Back Into iBuying Business

As it releases rough 2Q earnings report, Zillow announces partnership with former rival.

Aug 04, 2022
ATTOM Sells Off RealtyTrac, Homefacts

Websites now the property of Nations Info; financial terms of the deal were not disclosed.

Industry News
Aug 01, 2022
UWM Among Companies Selected To Host AI Bootcamp 

Mark Cuban Foundation’s Artificial Intelligence Bootcamp initiative teaches AI concepts to underserved high school students.

Industry News
Aug 01, 2022
Ribbon Expands into Kentucky; Now In 15 States

Cash-offer fintech expands to Louisville market with partner Finish Line Realty.

Industry News
Jul 26, 2022