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