Bid Date: 1/23/2020    5:00 PM EST

Mortgage Industry Advisory Corporation (MIAC), as the exclusive representative for the Seller, is pleased to offer for your review and consideration a $148.89 million Freddie Mac, Fannie Mae, Ginnie Mae and Private mortgage servicing portfolio.

The portfolio is being offered by a mortgage company that originates loans with a California concentration. The Seller will be providing full representations and warranties for the loans included in this offering.

Key portfolio characteristics include:

  • $207,366 Average Loan Size
  • 21.45% FHLMC ARC
  • 75.49% FNMA A/A
  • 2.23% GNMA
  • 0.84% Private A/A
  • Weighted average interest rate of 4.823%
  • Weighted average delinquency rate of 3.76%
  • Weighted average loan Age of 9 months
  • 100% Retail

Percentages above are represented as % of loan count

Interested parties should contact their MIAC representative at (212) 233-1250 with any questions on the portfolio sale.


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

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

Mike Carnes, Managing Director, Capital Markets Group (212) 233-1250 x327