Bid Date: 09/20/2018 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 $510.12 million agency 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:
- $231,557 Average Loan Size
- 100% Fixed Rate
- 61.42% FNMA A/A
- 38.45% FHLMC Gold
- Weighted average interest rate of 4.659%
- Weighted average delinquency rate of 2.09%
- Weighted average loan Age of 12 months
- Weighted average FICO of 725
- 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.
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
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