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6/4/2021
Given the fact that post Covid we are in an economy that is struggling with supply shortages and delays and rising prices doesn't it make sense to protect a home sale, build or purchase from long delays and rising interest rates? Builder Commitments and Spot Float Down locks through MCM's RPP program is the answer.
4/29/2021
MCM’s Total Sale Optimization (TSO) system was designed and built not only to maximize each lender’s returns from individual loan sales and/or bulk sales, but to maximize all sales executable.
4/29/2021
MCM Options & Pandemic spread execution presentation.
3/2/2021
MCM Hedge Optimization
2/4/2021
New Float Down Lock Structure provides borrowers protection for up to 180 days with no upfront fee
1/27/2021
Rate Protection Program - Float Down Protection - Spot Builder Commitment
9/28/2020
Bond Market Option Traders are not pricing in potential market volatility due to either the election or a viable vaccine. Or they think they will cancel out.
7/17/2020
New MCM Hedge Commander System: Calibrate, Focus, Execute
4/17/2020
I'm sure all market participants now know what it means to be Wipsawed by the market. Here is a presentation on the subject from last August 2019.
4/17/2020
Who needs options?
1. Mortgage bankers whose Pipelines have high Fallout volatility exposure – and need to avoid the whipsaw effect - what does this mean? Here is an example.
4/1/2020
Recently, correspondent lenders across the board have pulled back drastically on their pricing for all loans that they previously purchased for securitization purposes.
3/30/2020
Stabilize the TBA mortgage backed securities market, instead of announcing big purchases (greater than daily production)
3/30/2020
The moral hazard issue regarding mortgage servicing and its primary cause stems from the GAAP accounting ruling (FAS ASC 860-50-25-1.)
3/27/2020
The agencies have gone off a cliff - these graph are ugly!
3/25/2020
the spread between what “Bulk” investors are paying for various loan rates and programs versus what those loans are hedged with – TBA mortgage backed securities.
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