$217 Million FHA Insured EBO Whole Loan Sale – 701185

Mortgage Industry Advisory Corporation (MIAC) is pleased to announce the successful settlement of $217 million of Seasoned, GNMA Non-Performing Whole loans. The seller was a large non-bank originator with a national footprint. The Seller received all advances, including interest paid to the bond holders.

Investment Opportunity:

  • Collateral Type: Insured, Non-Performing, GNMA
−  FHA 72%
−  VA 26%
−  USDA 2%
  • October 2021 Settlement
  • Average UPB: $199,402
  • WA Current FICO: 566
  • WAC: 4.33%
  • Loan Count: 1091
  • Top Geography:
State Count UPB
TX 133 $25,166,864.16
FL 117 $25,106,915.75
CA 104 $26,130,282.19

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

Brendan Teeley
SVP, Whole Loan Sales, Trading
(646) 315-9221
Brendan.Teeley@miacanalytics.com