Bid Date: 05/17/2018 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 $2.24 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:
- $176,202 Average Loan Size
- 100% Fixed Rate
- 19.44% FHLMC 3 ARC
- 14.53% FNMA A/A, 10.19% FNMA MBS
- 0.27% GNMA I, 55.57% GNMA II
- Weighted average interest rate of 4.144%
- Weighted average delinquency rate of 5.68%
- Weighted average loan Age of 22 months
- Weighted average FICO of 691
- 50.45% Direct Corporate, 47.42% Retail Corporate
- National Portfolio
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
Visit our website and learn more about MIAC Asset Sales and Advisory and view our current MSR Offerings
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