Published: January 25, 2012
MCT Trading's Phil Rasori Named to 'Top 40 Most Influential Mortgage Professionals Under 40 List' for Second Year in a Row
SAN DIEGO, Calif., Jan. 25, 2012 (SEND2PRESS NEWSWIRE) --
MCT Trading, Inc. (MCT), a recognized leader in mortgage pipeline hedging and risk management services, announced that its COO, Phil Rasori, has again been named to National Mortgage Professional magazine's 'Top 40 Most Influential Mortgage Professionals Under 40' list for 2011.
Rasori is recognized for his industry contributions in helping mortgage bankers implement effective loan pricing and pipeline hedging strategies that result in greater profitability and risk management for lenders. Further, he developed a unique model, dubbed
HALO (Hedging And Loan sales Optimization), which effectively supports clients in secondary marketing that are making the complex transition from best efforts loan sales to mandatory commitments.
National Mortgage Professional magazine cites individuals who make the list as being executives who continue to forge ahead, lead by example, set the bar high for education, professionalism and excellence in the mortgage industry.
Rasori is a respected thought leader in capital markets operations within the mortgage banking community and regular participates in panel sessions and serves as a thought leader in the media. His areas of expertise include complex financial modeling, computational dynamics, and linear programming for operational optimization. He developed MCT's ground-breaking mortgage pipeline hedging algorithms that form the foundation of the company's proprietary HALO program. He has also pioneered several metrics that have become standard industry parlance, including "beta pull-through" factors. In addition to banking clients, Rasori has consulted with GSE agencies and the U.S. Government on hedging best practices for community banks. He has functionally led MCT's operations since 2005 and ascended to his current role as COO in 2007.
Rasori is a member of the Mortgage Banking Association of America, the California Mortgage Bankers Association, Texas Mortgage Bankers Association and is an active philanthropist in his community. He was instrumental in helping MCT consecutively doubled annual corporate revenue in 2010 and again in 2011.
About MCT Trading:
MCT Trading, Inc. is a risk management and advisory services company providing independent analysis, training, hedging strategy and loan sale execution support to clients engaged in the secondary mortgage market. Founded in San Diego, CA in May 2001, the company has expanded to include
field sales and support offices in Philadelphia, PA; Dallas, TX; Charlotte, NC; and San Francisco, CA.
MCT is recognized as a leading provider of mortgage pipeline hedging service and currently supports more than 70 clients on the HALO (Hedging And Loan sales Optimization) Program. For more information, please visit www.mct-trading.com or call (619) 543-5111.
MEDIA CONTACT:
Joe Bowerbank
Profundity Communications, Inc.
949.378.9685
jbowerbank@profunditymarketing.com .
NEWS SOURCE: MCT Trading, Inc.
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