201365 Offering Memorandum
Bank Seller has engaged the Whole Loan Desk at MIAC for the sale of this next tranche of 513 Performing First Liens. 85% of the Loans are frozen for future withdrawals, essentially making them 1 Month ARMs that amortize for the next 240 months.
- 740 FICO
- 3.02% GWAC
- $382,000 AV UPB
[servicebox icon=”glyphicon-pencil” icontype=”glyphicon” icon_size=”40″ iconbg_size=”100″ iconbg_radius=”20″ margin_bottom=”10″ margin_top=”5″ iconbgcolor=”#FFFFFF” iconcolor=”#777777″ headingtype=”” readmorestyle=”default”]Execute NDA to Receive Loan Tape[/servicebox]
Vice President Whole Loan Sales, Trading
Mortgage Industry Advisory Corporation
521 5th Avenue, 9th Floor
New York, NY 10175
212-233-1250 x 281
Data contained herein was provided by the seller as of 04/30/2016. Seller has represented that the information is reliable, however this does not constitute a guarantee, representation or warranty, expressed or implied, as to the accuracy or completeness of the information. The data contained is not intended to be a comprehensive summary of the all aspects of the offer of sale. Prospective buyers should conduct their own review and analysis of the data and other information described herein. This presentation of this offering document does not constitute a recommendation of the offering or a determination of its appropriateness for specific purchasers.