Bid Date: 02/22/2018    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 $444.37 million Ginnie Mae, Fannie Mae, and Freddie Mac mortgage servicing portfolio. The portfolio is being offered by a mortgage company that originates loans with a California concentration. The Seller will be providing full representations and warranties for the loans included in this offering.

Key portfolio characteristics include:
  • $266,729 Average Loan Size
  • 96.70% Fixed Rate and 3.30% ARM
  • 21.16% FHLMC Gold
  • 33.85% FNMA A/A
  • 44.99% GNMA II
  • Weighted average interest rate of 4.247%
  • Weighted average delinquency rate of 4.86%
  • Weighted average loan Age of 9 months
  • Weighted average FICO of 696
  • 100% Retail

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