MIAC Whole Loan Desk

Press Release

May 24, 2018

New York, NY Mortgage Industry Advisory Corporation (MIAC) is pleased to offer, as the exclusive agent, a $23 million pool of reperforming residential first lien whole loans. The Seller prefers to sell the loans on an all-or-none basis, but will consider carves and are being offered servicing released.

Investment Opportunity

  • Interest Rate Range: 1.5% to 13.28%
  • 76.72% Modified Loans
  • Geographic Concentration: CA, NJ, IL, FL, and NY.
  • Average Total UPB: $196,937.40
  • WAC: 4.353%
  • Aggregate LTV: 75%
  • WA FICO: 586
  • WA Months Performing: 7.57

Residential RPL First Lien

Find out more

Learn more about MIAC Whole Loan Sales & Brokerage


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

Brendan Teeley
SVP, Whole Loan Sales, Trading
(646) 315-9221

About MIAC

For over 28 years, Mortgage Industry Advisory Corporation (MIAC) has been the preferred destination for mortgage industry participants. In addition to providing whole loan brokerage services, MIAC® offers third-party mortgage asset valuations, secondary market hedge advisory solutions, as well as state-of-the-art behavioral models.

MIAC Analytics is the most sophisticated mortgage pricing and risk management software suite available. The MIACAnalytics suite includes VeriFi™, DataRaptor-Surveillance™, MIAC Core™, and Vision™ to address FASB’s new Current Expected Credit Loss (CECL) requirements with the industries best modeling practices. VeriFi™ is used to support and manage the data quality auditing and review process. DR-Surveillance™ will measure a client’s collateral behavior including historical transition roll rates and Time_in_FCL exit curves, and these client-specific behaviors are integrated into MIAC Core™, our loan level credit loss model embedded in our Vision™ cash flow engine and balance sheet model.