Bid Date: ASAP, earlier indications will receive preference
The sellers are bank clients of MIAC. All loans are CRA eligible, please provide indications asap.
Investment Opportunity:
- Collateral Type: 1st Lien Residential Mortgages, CRA Eligible
- Product Type: Agency, FHA and Bank Portfolio Loans
- Underwriting: Full Documentation
- Servicing: Released
- Delinquency: Performing
- Lien Position: 1st Liens
- Geography: National – See Portfolio Summary for State Concentrations and Tape includes: CITY, STATE, ZIP, MSACODE, TRACT
| Number of Loans | 868 |
| Principal Balance | $180,636,714 |
| Av Balance | $208,107 |
| WAC | 5.49% |
| WA LTV | 86.11% |
| WA DTI | 37.575% |
| WA Term | 356 |
| WA FICO | 693 |
| WA MTM LTV | 74.91% |
Bidders must complete the attached transaction documents to bid loans in this portfolio. Please provide comments for review if necessary.
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
Nicholas Dorn
SVP, Whole Loan Sales, Trading
(561) 346-6814
Nicholas.Dorn@miacanalytics.com