MIAC Whole Loan Desk
Press Release
April 12, 2018
New York, NY – Mortgage Industry Advisory Corporation (MIAC) is pleased to announce that its whole loan desk successfully placed $66,000,000 of reperforming residential mortgages. MIAC acted as the exclusive broker for the seller. Additional RPL offers are anticipated. For additional information, please contact your MIAC sales representative at 212-233-1250.
$66,000,000
Reperforming Residential Mortgages
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
About MIAC
For over 28 years, Mortgage Industry Advisory Corporation (MIAC) has been the preferred destination for mortgage industry participants. In addition to providing whole loan brokerage services, MIAC® offers third-party mortgage asset valuations, secondary market hedge advisory solutions, as well as state-of-the-art behavioral models.
MIAC Analytics™ is the most sophisticated mortgage pricing and risk management software suite available. The MIACAnalytics™ suite includes VeriFi™, DataRaptor-Surveillance™, MIAC Core™, and Vision™ to address FASB’s new Current Expected Credit Loss (CECL) requirements with the industries best modeling practices. VeriFi™ is used to support and manage the data quality auditing and review process. DR-Surveillance™ will measure a client’s collateral behavior including historical transition roll rates and Time_in_FCL exit curves, and these client-specific behaviors are integrated into MIAC Core™, our loan level credit loss model embedded in our Vision™ cash flow engine and balance sheet model.