WMBA Lunch & Learn – Protecting Revenue in Today’s Mortgage Market
Please join us for a WMBA Lunch & Learn to discover who MCT is and why hedging matters. We’ll break down today’s volatile rate environment and how it impacts locked loans and explain how lenders can either lose or protect revenue through fallout, extensions, float-downs, and pricing decisions.
You’ll also gain a clear, straightforward understanding of how hedging works, including coverage, mandatory vs. best efforts, and TBAs.
Finally, you’ll hear about common pitfalls to avoid and practical steps to create more stable, predictable profits through stronger discipline and execution.
Register Here
Meet the Panel Speakers:
Ben Itkin
Ben brings more than 25 years of mortgage and capital markets experience to MCT’s management team. He is highly regarded in the mortgage industry, holds deep knowledge in secondary marketing, loan pricing and pipeline hedging. He has been instrumental in expanding and working closely with MCT’s team of trading analysts to provide hands-on service to clients. Prior to MCT, Mr. Itkin was the SVP for BofA’s Negotiated Trade Desk for its correspondent lending channel. Before that, he was the First VP of Negotiated Trading for Countrywide Home Loans, where he also held the position of First VP of Bulk Trading for its correspondent lending business. Mr. Itkin was also a Senior Brand Manager in the warehouse lending unit at Indymac Bank. Ben holds an MBA from California State University, Northridge and is an active member of the Mortgage Bankers Association.
Chad Stone
Chad joined MCT as an intern during the summers of 2016 and 2017, where he worked as a Jr. Analyst under Tom Farmer and Danyel Shipley. He was hired full-time as a Lock Desk Analyst in August 2018, before moving to the Sales Operations team in October 2019. There, he served as Sales Operations Coordinator and later Sales Operations Manager, where he developed processes for lead generation, contract management, CRM management, and data analytics. In January 2022, Chad became an Account Executive supporting three different regions before his promotion to Regional Sales Director.
Chad handles business development efforts and client management for the Northwest region of the country. He attended UC Santa Cruz and holds a degree in Economics.
