Available 7 Days/Week       MON - FRI  8am - 7pm       SAT - SUN  10am – 6pm
Call us (904) 650-2900
Apply Now

NAMMBA Announces Partnership with MCT – Mortgage Capital Trading

ORLANDO, Fla. /Florida Newswire/ — The National Association of Minority Mortgage Bankers of America (NAMMBA) announced today a partnership with San Diego based Mortgage Capital Trading (MCT®). The relationship is an important step in both company’s efforts to affect positive change – addressing the housing needs of underserved communities as well as encouraging and developing a more diverse work force in the mortgage sector.

Mortgage Capital Trading
“We’re extremely excited to partner with MCT, the gold standard for secondary capital markets,” said NAMMBA Founder/CEO Tony Thompson, CMB. “Like us, MCT believes in the power of diversity and inclusion and wants its team members to reflect the communities in which it does business. It’s gratifying to have MCT’s support at our highest sponsorship level.”

Specifically, the partnership provides MCT consulting and recruiting resources, as well as access to a network of like-minded mortgage bankers. NAMMBA will tap into MCT’s deep secondary expertise. Already, MCT has participated in round tables, webinars, and helped shape NAMMBA’s most recent industry survey.

“Through our award-winning MCTlive! technology platform, we’re consistently fueling innovation and change within mortgage capital markets. We believe our partnership with NAMMBA is in this same vein,” said Curtis Richins, MCT President and CEO. “We are committed to moving the needle with regard to diversity, inclusion, and equality.”

According to NAMMBA, over the next five years, 75 percent of all first-time home buyers will be women, millennials or people of color. Although there is concern across the industry about a stagnant or shrinking housing market, purchase mortgage opportunity is not only growing, it’s changing. NAMMBA’s most recent mortgage market forecast, the three largest diverse borrower groups (Asians, African-Americans, and Hispanics) generated more than $292 billion of purchase opportunity in 2020, which amounts to 24.2 percent of all purchase dollar opportunities.

About NAMMBA

The National Association of Minority Mortgage Bankers of America is a purpose-driven organization that is dedicated to the inclusion of minorities and women in the mortgage industry who are advocates for sustainable homeownership in local communities. To fulfill its mission, NAMMBA provides programs and initiatives to introduce minorities and women into the mortgage industry, including recruiting, advisory, networking and training for enterprises and individual professionals. For more information, visit: http://www.nammba.org

About MCT:

Founded in 2001, Mortgage Capital Trading, Inc. (MCT) is the industry’s leading provider of fully-integrated capital markets services and technology. MCT offers an array of best-in-class services and software covering mortgage pipeline hedging, best execution loan sales, outsourced lock desk solutions, MSR portfolio valuations, business intelligence analytics, mark to market services, and an award-winning, comprehensive capital markets software platform called MCTlive!. MCT supports independent mortgage bankers, depositories, credit unions, warehouse lenders, and correspondent investors of all sizes. Headquartered in San Diego, California, MCT also has offices in Philadelphia, Healdsburg, and Texas. For more information, visit https://mct-trading.com/ or call (619) 543-5111.

News Source: Mortgage Capital Trading Inc.

The post NAMMBA Announces Partnership with MCT – Mortgage Capital Trading appeared first on Florida Newswire.

Florida News Wire

#mortgagestaugustineflorida, #staugustinefl, #staugustinemortgage, Alliances and Partnerships, AP, Banking, Business, Business News, Featured, Finance, Finance News, Fla., Florida Business, FLORIDA NEWS, Mortgage, Mortgage Capital Trading Inc., National Association of Minority Mortgage Bankers of America, Orlando, Orlando Business

*Assumes 2.799% APR, 20% down payment, and conforming 30-year fixed rate first mortgage on a single family, primary residence. The monthly payment you enter includes only principal and interest. Additional required amounts such as taxes, insurance, home owner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Not all individuals will qualify for a mortgage loan based on the payment entered. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice.  **Posted APR is based on Mortgage Assumptions
 
Copyright © 2021 Fidelity Home Group supports Equal Housing Opportunity | All Right Reserved  | NMLS Identifier 1834853. Fidelity Home Group is not affiliated with the Department of Housing and Urban Development (HUD) or the Federal Housing Administration (FHA). Not intended for legal or financial advice, consult your own professionals if such advice is sought. Accessibility Statement  | Consent to Receive Electronic Loan Documents  |  Cookies Policy   |  Disclosures  | Email and Mobile PolicyFair Lending Policy  |  Mortgage Assumptions  |  NMLS Consumer Access  |  Privacy Policy  |  Terms of Use 

st. augustine mortgage, st. augustine mortgage rates, st. augustine mortgage lender, st. augustine mortgage broker, st. augustine mortgage calculator, mortgage broker near me,