Bid Date: 08/14/2018 5:00 PM EST
Mortgage Industry Advisory Corporation (MIAC), as the exclusive representative for the Seller, is pleased to offer for your review and consideration a $3.6 billion Ginnie Mae mortgage servicing portfolio. The portfolio is being offered by a mortgage company that originates loans with a national footprint. The Seller will be providing full representations and warranties for the loans included in this offering.
Key portfolio characteristics include:
- $255,757 Average Loan Size
- 99.72% Fixed Rate and 0.28% ARM
- 0.07% GNMA I
- 99.93% GNMA II
- Weighted average interest rate of 4.057%
- Weighted average delinquency rate of 7.50%
- Weighted average loan Age of 13 months
- Weighted average original FICO of 661
- 61.26% Correspondent, 19.12% Retail, and 19.62% Wholesale
*Percentages represented as % of UPB unless otherwise noted
Interested parties should contact their MIAC representative at (212) 233-1250 with any questions on the portfolio sale.
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
Mike Carnes, Managing Director, Capital Markets Group
Mike.Carnes@miacanalytics.com (212) 233-1250 x327
Visit our website and learn more about MIAC Asset Sales and Advisory and View Current MSR Offerings
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