MCT Names New Capital Markets Trader

Advisory and risk management company ""MCT Trading, Inc."":http://www.mct-trading.com/, announced Friday the addition of a new member to its capital markets trading team.

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The San Diego-based firm named Tawab Awabi as its newest trader.

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Awabi most recently worked as a senior on the negotiated trade desk for Bank of America's home loans and insurance lending group. He also held the positions of assistant VP and senior pricing analyst while at BofA. He has experience in several aspects of lending and financial analysis, including the areas of loan trading, secondary marketing, and transaction management.

According to a release from MCT, Awabi ""has a strong track record for developing and maintaining relationships with hundreds of correspondent lenders, financial institutions and numerous hedge advisory firms.""

""Bringing Tawab on board adds yet more depth to our already experienced trading team,"" said MCT president Curtis Richins. ""As MCT continues to grow and help lenders transition from a best efforts to mandatory loan sales, we want to ensure that we maintain superior service and close working relationships with clients. Being well-staffed with senior traders such as Tawab allows us to dedicate an individual market analyst to each and every one of our customers.""