Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that it will host a time-sensitive webinar called Challenges & Solutions for Correspondent Lending in Crisis to be held on Wednesday, April 8 at 11:00 a.m. Pacific Time. The complimentary webinar will address head-on the sudden and immense challenges that correspondent lenders are now facing amid tough market conditions initially spawned by COVID-19 virus.
Webinar Title:
Challenges & Solutions for Correspondent Lending in Crisis
Webinar Overview:
Developments driven by the pandemic have upended correspondent lending in America. Systemic issues unresolved, and in some cases brought on, by government response to the pandemic put the business model of originators at risk. Everyone agrees about the importance of supporting borrowers during this time of crisis, but developments thus far have only initiated a narrowing of requirements on potential borrowers and threaten to seize up the mortgage market - completely antithetical to the goal of assisting borrowers. It does not have to be this way.
Key Webinar Topics Include:
- Unresolved Systemic Issues
- Actions by GSE's
- Actions by Aggregators
- Impact on Originators & Pricing
- Potential Solutions
- The Path Forward
Webinar Speakers:
- MCT Chief Operating Officer Phil Rasori
- MCT Director of Analytics Bill Berliner
Webinar Sign Up Details: