Bid Date: 05/09/2018    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 $74 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 Utah concentration. The Seller will be providing full representations and warranties for the loans included in this offering.

Key portfolio characteristics include:
  • $234,459 Average Loan Size
  • 96.73% Fixed Rate and 3.27% ARM
  • 8.12% FHLMC ARC
  • 46.15% FNMA A/A
  • 45.74% GNMA II
  • Weighted average interest rate of 3.816%
  • Weighted average delinquency rate of 4.44%
  • Weighted average loan Age of 19 months
  • Weighted average FICO of 714
  • 29.52% Retail, 70.16% Wholesale

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