Bid Date: 2/18/2021 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 $1.24 billion mortgage servicing portfolio. The portfolio is being offered by a mortgage company that originates loans with a New York concentration. The Seller will be providing full representations and warranties for the loans included in this offering.
Key portfolio characteristics include:
- $261,977 Average Loan Size
- 44.37% FNMA
- 34.87% FHLMC
- 20.76% GNMA
- Weighted average interest rate of 3.179%
- Weighted average delinquency rate of 2.91%
- Weighted average loan Age of 7 months
- Weighted average FICO of 758
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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