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eNewsChannels: mortgage risk management

NEWS: MCT Trading, Inc., a recognized industry leader in mortgage risk management providing pipeline hedging, best-execution loan sales and centralized lock desk services, announced that it hired Paul Yarbrough to manage new client on-boarding, its secondary marketing technology, and solution training.

Mr. Yarbrough has a vast secondary marketing background working for lenders and banks. He holds more than 13 years of hands-on experience operating in the secondary marketing departments at Evolve Bank and Trust; Willow Bend Mortgage; Nationstar; Service First Mortgage; and Realty Mortgage.

Mr. Yarbrough has in-depth knowledge leveraging secondary marketing technology to efficiently run capital markets functions. He is major proponent of technology and has been a power user at the lending organizations he has been involved with.

“As MCT continues to grow, we want to make sure new lender clients are boarded smoothly and well-supported as they start to use our solutions and services,” states Curtis Richins, president of MCT. “We’re regularly adding new staff and Paul will play an important role in implementing and training lenders on our secondary marketing technology platform MCTlive!, as well as ancillary solutions.”

About MCT Trading:

MCT Trading (MCT) is a risk management and advisory services company providing independent analysis, training, hedging strategy and loan sale execution support to clients engaged in the secondary mortgage market. Founded in San Diego, California in May 2001, the company has expanded to include field sales and support offices in Philadelphia, Dallas, San Francisco and Charlotte.

MCT is a recognized leader in the industry and currently supports more than 150 clients on the HALO (Hedging And Loan sales Optimization) Program. The company also develops and supports MCTlive!(TM), an award-winning real-time, trading and best-execution secondary marketing platform. MCT’s LockCentral(TM) is the industry’s largest outsourced centralized lock desk service.

For more information, please visit http://www.mct-trading.com/ or call (619) 543-5111.Twitter: @mcttrading

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