Bid Date: 7/27/2017 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 $616 Million GNMA mortgage servicing portfolio. The portfolio is being offered by a mortgage company that originates loans with a Texas concentration. The Seller will be providing full representations and warranties for the loans included in this offering.

Key portfolio characteristics include:
  • $203,238 Average Loan Size
  • 100% Fixed Rate
  • 100% GNMA II
  • Weighted average interest rate of 3.901%
  • Weighted average delinquency rate of 3.23%
  • Weighted average loan Age of 10 months
  • Weighted average FICO of 697
  • 100% Retail
  • Texas concentration

NOTE: Bids may be submitted by Investor or in total.

Interested parties should contact their MIAC representative 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

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