Bid Date: 02/11/2016  5:00 PM EST

Mortgage Industry Advisory Corporation (MIAC), as exclusive representative for the Seller, is pleased to offer for your review and consideration a $25 to $50 Million per month concurrent flow mortgage servicing offering. The Flow Servicing is being offered by a well capitalized independent mortgage company with a Total Net Worth in excess of $10 million that originates loans with a geographic concentration in Texas. The Seller will be providing full representations and warranties for the loans included in this offering.

Key portfolio characteristics include:
  • $185,000 Average Loan Size
  • 100% Fixed rate loans
  • GNMA – 51%, FNMA – 49%
  • 97% of loans are from the state of Texas
  • Non Zero Weighted Average Agency FICO of 743
  • Non Zero Weighted Average Government FICO of 682


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

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