SAN DIEGO, Calif., Sep. 8, 2020 – MCT announced the upcoming launch of their Business Intelligence Platform, a powerful web-based analytics platform designed to empower lenders’ to understand the market, optimize their loan sales, and improve performance relative to their peers. The platform will be officially released and demonstrated during an MCT client webinar on October 15th, 2020 at 11AM PST.

“We developed MCT Business Intelligence to help lenders contextualize their business within the industry and dive deep into the data,” stated Bill Petersohn, Managing Director of Business Intelligence. “When our clients have access to actionable secondary market data, they will achieve greater internal competence and pickup in the secondary market. With 1 in 5 of all loans in the United States going through the MCT pipeline, clients obtain the visibility they need to interpret their performance and reach for greater profits. This Business Intelligence Platform is the most comprehensive secondary market analytics tool on the market.”

MCT Business Intelligence aggregates mortgage pipeline and loan sale data from MCTlive!, the comprehensive capital markets software platform used by MCT staff and clients, to provide strategic insights to MCT clients in the form of customizable reports and illustrative charts.

In 2015, after receiving constant requests for investor color from clients, MCT created the first client-exclusive report set – the iMarket Monthly Review. Soonafter, clients enjoyed the addition of Quarterly Peer Benchmark Reports that showcased sold data of all MCT clients’ performance. These two static reports allowed lenders to compare aspects of their secondary market data to their peers and to the MCT average on a monthly and quarterly basis.

Users of the dynamic Business Intelligence Platform are now able to dive deep into, not only sold, but locked and investor data with highly customizable views. The software allows users to measure the impact of their historical production and iterate further adjustments to fine-tune their offerings.With the diverse reporting variables and filters, lenders are able to drill down on FICO scores, locations, programs, volume, and more to empower them in their decision-making.

“During the pandemic-induced market volatility in early 2020, MCT was able to guide clients through periods of intense basis risk and rapid agency/aggregator eligibility changes with a constant stream of data and recommendations,” shares Curtis Richins, President of MCT. “Now we are putting MCT Business Intelligence in the hands of our lenders to help them improve their performance both during and outside periods of market volatility.”

Key features of the platform include reports of market trends, pricing comparisons, Best Effort to Mandatory spreads, tools to locate new business opportunities and more! Visit https://mct-trading.com/ or call (619) 543-5111 to learn about the many functionalities of the platform.

Read more...

Partnership adds cloud-based presentations to CRM and marketing automation platform.

SEAL BEACH, Calif. and MINNEAPOLIS, Minn. – OptifiNow, a provider of CRM and marketing automation solutions, announced today a partnership with cloud-based presentation platform, Digideck. The partnership enables users of OptifiNow to easily send personalized and dynamic presentations to prospects and customers.

Digideck is a powerful presentation tool that uses video, animations and dynamic personalization to communicate with prospects, customers and partners. Digideck presentations are customized on the fly to make a company’s content more relevant and effective. Every Digideck presentation is created as a micro-targeted website, providing anywhere-anytime access with detailed statistics on viewers.

“Digideck re-imagines the selling process,” says Anne McCullough VP Strategic Partnerships . “Our presentations tell a powerful story that is custom-made for each recipient. Partnering with OptifiNow made perfect sense because it enhances the existing sales technology stack with a unique and interactive way to share information. We are excited about this partnership.”

OptifiNow is a CRM and marketing automation platform designed to help salespeople generate leads and close deals more effectively. OptifiNow provides innovative tools that are effective at communicating the value of what a salesperson provides. Digideck is a perfect complement to OptifiNow because it enables salespeople to “show and tell” using an interactive online presentation that leverages CRM data to customize and personalize the content.

“We’re happy to partner with Digideck because of the synergy it adds to our platform,” said John McGee, founder and CEO of OptifiNow. “For many of our clients, presentations are vital to the sales process. Digideck modernizes the traditional slide deck by moving it to the cloud and personalizing each presentation so that it feels like a one-on-one conversation. Our partnership makes it easier for salespeople to send Digideck presentations and stand out from the crowd."

 

Read more...

— As the Glass Fire burns and threatens Napa Valley, CoreLogic’s 2020 Wildfire Risk Report analyzes both single-family and multifamily homes currently at risk of wildfire damage in the most wildfire-prone states —

IRVINE, Calif.--(BUSINESS WIRE)--CoreLogic^® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released its 2020 Wildfire Risk Report as smoky skies and poor air quality continue to burden cities up and down the West Coast. The report finds 1,975,116 homes¹ in the United States with an associated reconstruction cost of more than $638 billion at elevated risk of wildfire damage. These homes are comprised of approximately 6.5% of the total number of

The Los Angeles metro area tops the list of metropolitan areas with the greatest single-family residences at wildfire risk, followed shortly thereafter by the Riverside and San Diego metro areas. California is home to 76% of these residences on the top 10 list—but the reconstruction cost value of these homes comprise nearly 84% of the list.

“2017 and 2018 were incredibly destructive, record setting years for wildfire, followed by a comparatively quieter 2019. When we talk about wildfire trends, it’s important to treat any decrease in fire activity as only temporary,” says Dr. Tom Jeffery, principal hazard scientist at CoreLogic. “Like most natural hazards, there is no reason to believe that the amount of wildfire acreage, or the number of homes in the path of future wildfires will be any less – and certainly the ongoing 2020 season is proof of that, well on its way to being among the most devastating in recent memory.”

The devastation in Oregon, Washington and California has caused the loss of both dozens of lives and thousands of structures, and recovery from these wildfires is a process that can take years. Both Santa Rosa, home to the Tubbs Fire in 2017, and Paradise, where the Camp Fire took place in 2018, are still in the process of rebuilding. This year, the COVID-19 pandemic has created additional complications to an already deadly peril, and with the potential for disruptions to the supply chain for raw materials, manufacturing and transportation, this effort could be further challenged.

Insurance activities may also be challenged with an influx of claims and fewer adjusters to review damages, making automation and virtualization more critical than ever to supporting policyholders. CoreLogic helps carriers pinpoint fire hazard risk to establish better policy premiums without extensive on-site visits. Virtual surveys and DIY surveys are also less expensive than in-person solutions, providing a cost effective and efficient solution for underwriters and claims adjusters.

“The business landscape is changing to right-size today’s challenges. Wildfire risk presents a case study for this,” says Mick Noland, Executive, General Manager, Insurance

Solutions at CoreLogic. “A single event can completely destroy a home. It is critical for insurers to have a complete view of each unique property to ensure adequate coverage and support in the wake of a catastrophe. Next-generation integrated insurance solutions, based on a foundation of granular data and insights, are the key to protecting families and businesses – and ultimately, the health of the housing ecosystem – from the threat of financial catastrophe.”

The CoreLogic Wildfire Risk Report analyzes both single-family and multifamily homes currently at risk of wildfire damage in the most wildfire-prone states, including Alaska, Arizona, California, Colorado, Florida, Idaho, Montana, Nevada, New Mexico, Oklahoma, Oregon, Texas, Utah, Washington and Wyoming. The full report, including maps, charts and images, can be found here.

To follow CoreLogic coverage of ongoing catastrophic events, including wildfires, visit the company’s natural hazard risk information center, Hazard HQ™ at www.hazardhq.com.

 

 

 

Read more...