NMP - September 2016 - 37

specialist into a fully-integrated provider of capital markets services and software. MCT's recently expanded office overlooks PetCo Park. The company also has offices in Flower Mound, Texas and Bala Cynwyd, Penn. MCT employs more than 80 people and continues to grow. "We are extremely honored to have again been recognized by the San Diego Business Journal as one of the Best Places to Work in San Diego," said Curtis Richins, president of MCT. "Winning this award for the fifth year in a row speaks volumes about MCT's corporate culture and the many programs and benefits we offer our employees. The entire management team at MCT is extremely appreciative of our team's hard work, passion and dedication." The SDBJ puts companies that applied for the award through an extensive evaluation process that includes a detailed analysis of company workplace policies and practices along with a comprehensive employee survey. The combined scores determined the top companies and the final rankings. CoesterVMS Donates Clean Water to Louisiana Flood Victims CoesterVMS, a national appraisal management company (AMC), has donated 144 cases of water to help the victims of the flooding in Louisiana. "There are so many people in need after the devastation that continued on page 60 37 MCT Named to "Best Places to Work List" for the Fifth Consecutive Year NationalMortgageProfessional.com Mortgage Capital Trading Inc. (MCT) has announced that it has been named Best Places to Work by the San Diego Business Journal (SDBJ) for the fifth straight year. MCT was ranked number 13 in the medium-sized company category (50-249 U.S. employees) and is one of only 100 companies being recognized in all four categories. The award is designed to identify, recognize and honor the best places of employment in San Diego that benefit the county's economy, workforce and local businesses. Founded in 2001 and headquartered in downtown San Diego, MCT has grown from a pipeline hedging services n National Mortgage Professional Magazine n SEPTEMBER 2016 jettisoned as part of a larger reform of the U.S. tax code. In an interview this week on CNBC's "Squawk Box," Mortgage Bankers Association (MBA) President and CEO David H. Stevens noted that this longstanding feature of the tax code could easily be removed because it did not benefit all homeowners. "We're not religiously wed to the mortgage interest deduction," Stevens said. "Entry-level homebuyers typically don't deduct, don't itemize. And wealthy borrowers won't really care. [But] everybody needs to understand the American that benefits from the mortgage interest deduction is the middleclass homebuyer." Stevens, who had previously served as President Obama's commissioner of the Federal Housing Administration before joining the MBA, declined to offer support for any presidential candidate during the interview. He also insisted the housing market was not in a bubble, although he admitted that an "affordability crisis" existed, due in large part to rising home prices. "Home prices rising have to do with what's being built and what's being sold, " he said. "We're doing really well providing housing to wealthier Americans. That's the market that's most active. The reason the average home price is rising is we're not building enough entry-level housing stock to support this younger generation of homebuyers coming into the market." http://www.NationalMortgageProfessional.com http://aag.com/wholesale http://AAG.com/disclosure

Table of Contents for the Digital Edition of NMP - September 2016

Table of Contents
NMP - September 2016 - Cover1
NMP - September 2016 - Cover2
NMP - September 2016 - 1
NMP - September 2016 - Table of Contents
NMP - September 2016 - 3
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NMP - September 2016 - Cover3
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