Bid Date: 2/12/2021    12:00 PM EST

Mortgage Industry Advisory Corporation (MIAC), as exclusive representative for the Seller, is pleased to offer for your review and consideration a $860.08 million Fannie Mae, Freddie Mac, and FHLB-NY (MPF) mortgage servicing portfolio.

The portfolio is being offered by a mortgage company that originates loans with a New York concentration.

The Seller will be providing full representations and warranties for the loans included in this offering.

Key portfolio characteristics include:

  • $144,770 Average Loan Size
  • 83.76% FNMA
  • 15.03% FHLB
  • 1.21% FHLMC
  • Weighted average interest rate of 4.083%
  • Weighted average delinquency rate of 3.97%
  • Weighted average loan Age of 105 months
  • Weighted average FICO of 756 (excludes null values)
  • Weighted average FICO of 733 (includes null values)

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 and View Current MSR Offerings