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
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