$1.1 Billion GNMA EBO Whole Loan Sale – 801129

Bid Date: March 17, 2022

Mortgage Industry Advisory Corporation (MIAC) is pleased to announce the offering of GNMA non-performing residential mortgages (EBO). Your bid is required to include your agreement to pay all escrows, all outstanding corporate advances (due up to the buy-out date) and all accrued interest due to seller.

Investment Opportunity:

  • Collateral Type: Non-Performing GNMA Insured Mortgages
  • Current UPB: $1,113,500,482
  • Average UPB: $246,768
  • WAC: 4.145%
  • Loan Count: 4512
  • Top Six States, CA, NY, FL, TX, MD, NJ, comprise 49% of UPB

Anticipated Timing:

  • EBO Buy-out Date: April 29, 2022
  • Closing Date: May 2, 2022
  • Servicing Transfer Date: June 15, 2022

Find out more

Learn more about MIAC Whole Loan Sales & Brokerage

Contact

For more information about this transaction, contact your MIAC sales representative at (212) 233 – 1250

Steve Harris
Managing Director, MIAC Capital Markets
(908) 400-2615
Steve.Harris@miacanalytics.com

Brendan Teeley
SVP, Whole Loan Sales, Trading
(646) 315-9221
Brendan.Teeley@miacanalytics.com