If you are in the mortgage business, you are in the options business. This blog will detail what that means if you are a loan originator, but it also applies if you are a servicer as well as borrowers once getting a loan have the option to prepay at any time.

Two Months ago, MCM announced its new Artificial Intelligence Fallout Analytics Service: “CloseLytics.” MCM’s founder said: “The guessing game of what’s my mortgage pipeline exposure is over….”

MCM has developed, refined, and utilized over the past 29 years OAS Based servicing valuation software for hedge management and best execution purposes. The idea behind our new offering is to provide a Cloud based system and framework that lets customers value servicing assets on a loan level basis using their own assumptions.