Bid Date: 06/15/2016 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 $299 million Agency / Government Servicing Offering. The portfolio is being offered by a mortgage company 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:
- $181,814 Average Loan Size
- 99.86% Fixed Rate
- 62.15% FNMA_A/A, 0.58% FHLMC_ARC and 37.28% GNMA_II
- Weighted average interest rate of 4.379%
- Weighted average delinquency rate of 2.79%
- Weighted average loan Age of 11 months
- Weighted average FICO of 708
- 100% Retail
- Geographical concentration in Texas
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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