Hedge Commander Updated for Long-term Float Down Locks

MCM has just updated its cloud-based Hedge CommanderTM software to provide mortgage bankers with enhanced tools and systems for the pricing, hedging and origination of loans through long-term float down commitments with rate & point caps.

The Flexible, Split Fee, Float Down Commitment

by Dean Brown

One of our clients called us recently and asked what we could do for a client who needed a little wiggle room to feel more comfortable taking down a long-term, float-down rate lock. He explained that with construction delays and supply chain issues, the timeline for the new home completion was not clear and likely would take the builder longer than normal.

Enterprise Hedge Optimization

by Dean Brown

MCM has expanded its product and service offerings to include servicing valuation and hedging in either a standalone or enterprise-wide hedging and valuation solution.