Bid Date: 7/29/2021    5:00 PM EST

Mortgage Industry Advisory Corporation (MIAC), as exclusive representative for the Seller, is pleased to offer for your review and consideration a $1.01 billion Fannie Mae, Freddie Mac, and Ginnie Mae mortgage servicing portfolio. The portfolio is being offered by a mortgage company that originates loans with a Virginia concentration. The Seller will be providing full representations and warranties for the loans included in this offering.

Key portfolio characteristics include:

  • $243,781 Average Loan Size
  • 71.21% FNMA
  • 15.27% FHLMC
  • 13.51% GNMA
  • Weighted average interest rate of 3.057%
  • Weighted average delinquency rate of 1.33%
  • Weighted average loan Age of 12 months
  • Weighted average FICO of 749

Interested parties should contact their MIAC representative at (212) 233-1250 with any questions on the portfolio sale.

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 Sales and Advisory and View Current MSR Offerings