Bid Date: 12/19/2019    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 an $245.53 million Freddie Mac and Private mortgage servicing portfolio.

The portfolio is being offered by a mortgage company that originates loans with a New Jersey concentration. The Seller will be providing full representations and warranties for the loans included in this offering.

Key portfolio characteristics include:
  • $143,419 Average Loan Size
  • 51.69% FHLMC ARC
  • 48.31% Private A/A / Warehouse
  • Weighted average interest rate of 3.893%
  • Weighted average delinquency rate of 3.97%
  • Weighted average loan Age of 59 months
  • 100% Retail

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.


Dan Thomas, Managing Director, Client Solutions Group (212) 233-1250 x240

Steve Harris, Managing Director, MIAC Capital Markets (212) 233-1250 x212

Mike Carnes, Managing Director, Capital Markets Group (212) 233-1250 x327