Bid Date: 06/16/2016 2:00 PM EST

Mortgage Industry Advisory Corporation (MIAC), as exclusive representative for the Seller, is pleased to offer for your review and consideration a $783 million Agency / Government Servicing Portfolio. The portfolio is being offered by a mortgage company that originates loans with a geographic concentration in California. The Seller will be providing full representations and warranties for the loans included in this offering.

Key portfolio characteristics include:
  • $276,263 Average Loan Size
  • 95.69% Fixed Rate
  • 45.25% FNMA_A/A, 43.27% FHLMC_3_ARC and 11.48% GNMA_II
  • Weighted average interest rate of 4.205%
  • Weighted average delinquency rate of 0.45%
  • Weighted average loan Age of 4 months
  • Weighted average FICO of 730
  • 100% Retail
  • Geographical concentration in California



Dan Thomas, Managing Director, Client Solutions Group (212) 233-1250 x240

Steve Harris, Managing Director, MIAC Capital Markets (212) 233-1250 x212