$53.5 Million Conventional Credit Union Participation Loan Sale – 701183

Mortgage Industry Advisory Corporation (MIAC) is pleased to announce the successful settlement of $53.5 million of Seasoned, Performing, Credit Union loan participation. The seller was a large credit union with a North East US footprint. The loans were being sold on a 90/10 participation basis.

Investment Opportunity:

  • Collateral Type: 100% conventional
  • October 2021 Settlement
  • Average UPB: $668,813
  • WA Current FICO: 774
  • WAC: 2.732%
  • Loan Count: 80
  • Top Geography:
State Count UPB
NY 31 $15,340,868.69
VA 15 $10,816,355.23
MA 8 $8,380,292.74
DC 6 $5,542,418.50

Find out more

Learn more about MIAC Whole Loan Sales & Brokerage

Contact

For more information about this transaction, contact your MIAC sales representative at (212) 233 – 1250

Steve Harris
Managing Director, MIAC Capital Markets
(908) 400-2615
Steve.Harris@miacanalytics.com

Brendan Teeley
SVP, Whole Loan Sales, Trading
(646) 315-9221
Brendan.Teeley@miacanalytics.com