General World News

MCT launches co-issue loan sales marketplace

Mortgage hedge advisory and secondary marketing software firm Mortgage Capital Trading, Inc. released a new marketplace for co-issue loan sales this week.

Co-issue loan sales, also known as flow-based mortgage servicing rights sales, are three-way transactions involving the sale of loans to one of the agencies, with a simultaneous sale of the MSRs to a separate third party.

The new marketplace, dubbed BAMCO, has been added to MCT’s whole loan trading platform.

“BAMCO is the latest step toward realizing MCT’s vision of every loan being priced to every investor, supporting true best execution for sellers and a more efficient market details ⇒

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