Bid Date: 05/24/2016 2:00 PM EST

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

Key portfolio characteristics include:
  • $219,454 Average Loan Size
  • 100% Fixed rate loans
  • GNMA – 52%, FNMA – 48%
  • 37% of loans are from the state of Virginia
  • Weighted Average Agency FICO of 758
  • Weighted Average Government FICO of 707
Seller looking to enter into a 12-18 month future flow delivery, with a minimum 6 month commitment
Bidders may present their flow bid pricing matrices for the GNMA or Conventional MSRs separately.


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

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