Bid Date: 7/14/2021 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 $1.38 billion Fannie Mae, Freddie Mac, and Ginnie Mae mortgage servicing portfolio. The portfolio is being offered by a bank with a mortgage operation that originates loans with a Colorado concentration. The Seller will be providing full representations and warranties for the loans included in this offering.
Key portfolio characteristics include:
- $257,107 Average Loan Size
- 74.63% FNMA A/A
- 23.41% FHLMC ARC
- 1.02% GNMA
- Weighted average interest rate of 3.11%
- Weighted average delinquency rate of 0.48%
- Weighted average loan Age of 12 months
- Weighted average FICO of 766
- 100% Retail
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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