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.


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

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

Mike Carnes, Managing Director, Capital Markets Group (212) 233-1250 x327

Visit our website and learn more about MIAC Asset Sales and Advisory and View Current MSR Offerings