CMC creates between 25 and 75 basis points of incremental value for its patrons through a combination of the strategies described below.

CMC Strategies That Increase Profitability:

• Mandatory Delivery (+25-100 basis points) – CMC implements hedge strategies and sells loans in large bulk packages. Each hedge position is supported by CMC’s full-service trading desk, and achieves superior pricing for mandatory delivery. CMC hedge and trading models are second to none, and support ARM, Alt-A, and sub-prime products. Each hedge strategy is customized based on CMC’s individual member's capital bases and profitability goals.
• Improved Best Efforts Pricing (+25-50 bps) – CMC has pricing power. CMC members produce over $1 billion of loans each month. Conduit investors offer our members pricing deals based on CMC’s aggregate volume. As a member of CMC, your company can attain the same pricing deals currently available only to the largest originators.
• End Investor Delivery (+25-50 basis points) – CMC removes middlemen to achieve better pricing. CMC facilitates loan pool aggregation which allows delivery to the ultimate end investors including Wall Street, Banks, Insurance Companies and REITs.
• Specialized Pool Delivery (+25-100 basis points) – CMC identifies CRA qualifying loans and structures loan pools with specific characteristics that generate additional profits.