Bid Date: 06/22/2016 2:00 PM EST

Mortgage Industry Advisory Corporation (MIAC), as exclusive representative for the Seller, is pleased to offer for your review and consideration a $1.5 Billion FNMA and FHLMC mortgage servicing portfolio. The portfolio is being offered by a mortgage company that originates loans with a national geographic concentration. The Seller will be providing full representations and warranties for the loans included in this offering.

Key portfolio characteristics include:
  • $173,497 Average Loan Size
  • 97.20% Fixed Rate
  • 79.13% FNMA_A/A and 20.87% FHLMC_3_ARC
  • Weighted average interest rate of 4.227%
  • Weighted average delinquency rate of 3.29%
  • Weighted average loan Age of 15 months
  • Weighted average FICO of 733
  • 99% Retail/Direct
  • National geographic concentration



Dan Thomas, Managing Director, Client Solutions Group (212) 233-1250 x240

Steve Harris, Managing Director, MIAC Capital Markets (212) 233-1250 x212