Bid Date: 07/31/2018 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 $2.1 billion Ginnie Mae, Fannie Mae, and Freddie Mac mortgage servicing portfolio. The portfolio is being offered by a mortgage company that originates loans with a national footprint. The Seller will be providing full representations and warranties for the loans included in this offering.
Key portfolio characteristics include:
- $149,229 Average Loan Size
- 100% Fixed Rate
- 28.34% FHLMC
- 13.79% FNMA
- 57.87% GNMA
- Weighted average interest rate of 3.590%
- Weighted average delinquency rate of 6.16%
- Weighted average loan Age of 36 months
- Weighted average FICO of 712
- 35.89% Retail, 42.01% Broker and 22.10% Correspondent
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.
CONTACT
Dan Thomas, Managing Director, Client Solutions Group
Dan.Thomas@miacanalytics.com (212) 233-1250 x240
Steve Harris, Managing Director, MIAC Capital Markets
Steve.Harris@miacanalytics.com (212) 233-1250 x212
Mike Carnes, Managing Director, Capital Markets Group
Mike.Carnes@miacanalytics.com (212) 233-1250 x327
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