- theMReport.com - https://themreport.com -

MCT Welcomes TMS as Subservicing Partner

Mortgage Capital Trading [1] (MCT), a leading mortgage hedge advisory and secondary marketing software firm, named TMS [2], a fast-growing fintech company, an additional preferred subservicing partner. This partnership brings TMS’ subservicing platform Servicing Intelligence Made Easy (SIME) to the company’s growing client list.

As a preferred partner, MCT will offer its clients TMS’ subservicing platform SIME, which includes competitive pricing, no monthly minimum costs, private label servicing, and reasonable setup fees. This announcement marks the second subservicing partnership for MCT.

“We’re excited to join forces with TMS as it changes the landscape of the mortgage servicing industry,” said MCT Director of MSR Services Phil Laren. “This is exactly the type of innovative technology that we want to bring to our clients. The fintech company has a proven track record of helping lenders get a real-time overview of their portfolio, helping reduce delinquencies.”

The SIME technology offers lenders a platform with end-to-end compliance, real-time information and interactive reporting on all borrower accounts, and tracking capabilities that help reduce delinquent loans. SIME’s game-changing ability to deliver real-time transparency into a lender’s loan portfolio helps drastically reduce servicing costs and maximize customer service.

“It’s an honor to partner with a highly respected company like MCT,” said TMS CEO Darius Mirshahzadeh. “This partnership solidifies that SIME is changing the industry, with a greater emphasis on delivering a superior borrower experience and offering more control and transparency into a lender’s servicing portfolio.”

MCT’s wide array of lender clients—particularly organizations new to mortgage servicing rights—will benefit from lower barriers to entry and pricing step downs through exceeding loan count thresholds as a group. MCT is proud to secure this and other strategic partnerships to benefit clients, as well as providing MSR valuations, hedging, and brokerage services through its MSR Services Division.