No. The idea would be to use the ReaRack modules to control the track volume and fade in/fade out rate. You would need the following chain of ReaRack modules:
Note Filter (optional)
Envelope Generator (with trigger mode set to 'latch')
CC mixer (optional)
Amplifier
The envelope generator attack and release rates (and curves if required) would be set to control the fade/fade out rates, and set the sustain level to 1 (maximum).
To use the system, press any key (or otherwise send a note-on message) to trigger the envelope generator and start the fade in. To fade out, send the same note-on message again. If you wanted to start with a fade out rather than a fade in, you could add a CC Mixer module between the envelope generator and the amplifier module and set it to invert the control signal.
The note filter could be useful if you want to nominate a particular key to trigger the fade. Set the note filter to only pass that particular note value.
For cross fading, you could set up a copy of the FX chain on each track you want to cross fade. You would use the CC Mixer to invert one track fade, but not the other, and if you had multiple pairs of track you wanted to cross fade at different time, you can use the note filter to set that up with different notes triggering each par of tracks. If you wanted to trigger using CC rather than a note on, you can add a Trigger module before the envelope generator to convert the CC to a note-on message.
None of this helps with muting the track though.
All of this with the proviso that I don't really know what you are trying to do.