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
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
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