Bid Date: 02/13/2017 5:00 PM EST
Mortgage Industry Advisory Corporation (MIAC), as the exclusive representative for the Seller, is pleased to offer for your review and consideration a $125 Million Per Month FNMA Concurrent Flow Servicing Offering. The Flow Servicing is being offered by a lender who specializes in providing a wide range of home financing programs throughout the United States. The Seller will be providing full representations and warranties for the loans included in this offering.
Key portfolio characteristics include:
- $236,521 Average Loan Size
- 90% Fixed rate loans
- FNMA – 100%
- Top 5 States as measured by principal balance are Minnesota, California, Georgia, Iowa and Kansas
- Weighted Average FICO of 754
- Weighted Average Original LTV of 78.97%
Seller looking to enter into a 12-18 month future flow delivery, with a minimum 6-month commitment.
DOWNLOAD THE OFFERING MEMORANDUM
Contact:
Dan Thomas, Managing Director, Client Solutions Group
dan.thomas@miacanalytics.com (212) 233-1250 x240
Steve Harris, Managing Director, MIAC Capital Markets
steve.harris@miacanalytics.com (212) 233-1250 x212
Mike Carnes, Managing Director, Capital Markets Group
mike.carnes@miacanalytics.com (212) 233-1250 x327
Visit our website and learn more about MIAC Asset Sale
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