Bid Date: TBD

Mortgage Industry Advisory Corporation (MIAC), as the exclusive representative for the Seller, is pleased to offer for your review and consideration a $432 GNMA mortgage servicing portfolio. The portfolio is being offered by a mortgage company that originates loans with a New York concentration. The Seller will be providing full representations and warranties for the loans included in this offering.

Key portfolio characteristics include:
  • $176,977 Average Loan Size
  • 100% Fixed Rate
  • 0.16% GNMA I and 99.84% GNMA II Loans
  • Weighted average interest rate of 3.928%
  • Weighted average delinquency rate of 11.31%
  • Weighted average loan age of 20 months
  • Weighted average FICO of 690
  • Weighted average Original LTV of 98.32
  • 100% Retail

Interested parties should contact their MIAC representative with any questions on the portfolio sale.


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

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

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

Visit our website and learn more about MIAC Asset Sales and Advisory.