![](data:image/png;base64,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)
Calibrate | Focus | Execute
Enterprise Hedge Optimization
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. For example, clients can have MCM hedge the value of their serving portfolio as a standalone activity or combine it with pipeline hedging as well. Given that most independent mortgage bankers lack the portfolio to counteract the changes of mortgage servicing rights other than to boost originations during refi-waves, MCM has developed and refined its core offerings, technology and service to include servicing hedging and valuation. Whether you plan to hold servicing for the long haul or sell servicing rights in the not to distant future, we can set our hedge parameters around your desires and coverage needs. Call us for a confidential discussion centered around your needs. MCM’s enterprise customers have wide ranging resources available:
- OAS Servicing Valuations by product, coupon or any other segment.
- Optimized SRP Hedge Solutions,
- Combo Pipeline and Servicing Portfolio Hedge Management and Optimization,
- Automated Execution Based Pricing,
- Float Down Lock Pricing and Hedging,
- Builder Commitment Pricing and Hedging,
- Total Sale Optimization.
MCM provides customers with state-of-the-art tools and analysis to get the job done right with superior oversight, analytics, experience and technology we provide our customers with the competitive advantage!
© 2021 Mortgage Capital Management, Inc.