Bid Date: 06/21/2018 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 $366.92 million Fannie Mae, and Freddie Mac mortgage servicing portfolio. The portfolio is being offered by a mortgage company that originates loans with a New England concentration. The Seller will be providing full representations and warranties for the loans included in this offering.
Key portfolio characteristics include:
- $176,064 Average Loan Size
- 99.90% Fixed Rate and 0.10% ARM
- 67.61% FHLMC ARC
- 32.39% FNMA
- Weighted average interest rate of 4.016%
- Weighted average delinquency rate of 0.77%
- Weighted average loan Age of 14 months
- Weighted average Orig LTV of 77.90%
- Weighted average CLTV of 75.88%
- Weighted average FICO of 747
- 98.90% Retail
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 our current MSR Offerings