Bid Date: 11/08/2018    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 $435.40 million agency/government mortgage servicing portfolio. The portfolio is being offered by a mortgage company that originates loans with a West Coast concentration.

The Seller will be providing full representations and warranties for the loans included in this offering.

Key portfolio characteristics include:
  • $229,278 Average Loan Size
  • 99.79% Fixed Rate
  • 5.90% FNMA A/A
  • 0.47% FHLMC ARC
  • 0.11% GNMA I
  • 93.52% GNMA II
  • Weighted average interest rate of 4.27%
  • Weighted average delinquency rate of 7.9%
  • Weighted average loan Age of 26 months
  • Weighted average FICO of 676
  • 100% Retail

Percentages above are represented as % of loan count

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