MIAC Whole Loan Opportunity
Mortgage Industry Advisory Corporation (MIAC) is pleased to offer, as the exclusive agent, approximately $25mm pool of reperforming residential first lien whole loans.
The loans are being offered on an all-or-none basis and are servicing released.
Investment Opportunity
- Interest Rate Range: 2.0% to 10.97%
- 75% Modified Loans
- Geographic Concentration: CA, FL, IL
- Recent BPOs available, but should not be relied upon by bidder
- Average Total UPB: $183,306
- WAC: 4.763%
- Aggregate LTV: 62%
- WA FICO: 608
- WA Months Performing: 6.0
- MIAC transaction number 401669
Find out more
Learn more about MIAC Whole Loan Sales & Brokerage
Contact
For more information about this transaction, contact your MIAC sales representative at (212) 233 – 1250
Steve Harris
Managing Director, MIAC Capital Markets
Office: (212) 233 – 1250 ext. 212
Mobile: (908) 400 – 2615
Steve.Harris@miacanalytics.com
Brendan Teeley
SVP, Whole Loan Sales, Trading
Office: (212) 233 – 1250 ext. 281
Mobile: (646) 315 – 9221
Brendan.Teeley@miacanalytics.com
About MIAC
Since 1989, MIAC has been the preferred destination for sophisticated mortgage industry and capital markets participants, offering transaction execution services, secondary market hedge advisory solutions, third-party mortgage asset valuations, as well as state-of-the-art valuation and risk models incorporating a full range of consumer behavioral risk factors.
MIAC Analytics™ is the most sophisticated mortgage pricing and risk management software suite available for mortgage investors, originators, servicers and balance sheet managers. The MIAC Analytics™ suite now includes MIAC Vision™, an asset-liability solution that applies MIAC’s CORE™ behavioral factors at the loan level. For more information, please dial 212-233-1250, or follow us on Twitter @MIACAnalytics.
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