Mortgage Industry Advisory Corporation (MIAC) is pleased to announce the successful settlement of $144 million of Seasoned, GNMA non-performing, Early Buy Out Sale. The seller was a large non-bank originator with a long relationship with MIAC. The loans were being sold on a 90/10 participation basis.
Investment Opportunity:
- Collateral Type: 100% EBO
- November 2021 Settlement
- Average UPB: $169,642
- WAC: 4.032%
- Loan Count: 852
- Top Geography:
State | Count | UPB |
LA | 743 | $136,562,924.00 |
AL | 55 | $8,545,709.00 |
MS | 15 | $2,469,445.00 |
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