$89 Million Performing, Second Lien Whole Loan Sale – 801119

Bid Date: February 23, 2022     5 :00 PM EST

Mortgage Industry Advisory Corporation (MIAC) is pleased to announce the offering of weighted average 2020 vintage, including current originations. This population is Bank-Originated loans consists primarily of adjustable rate HELOCs with approximately half of the pool being indexed to Prime and 40% being index to LIBOR.

Investment Opportunity:

  • Collateral Type: Performing, Second Liens
  • Current UPB: $89,206,628
  • Available Draw: $14,813,635
  • Average UPB: $15,642
  • WA Margin: 2.364%
  • WAC: 4.821%
  • Loan Count: 947
  • Top Geography:
State Count UPB
CO 159 $17,933,796
FL 105 $8,346,074
GA 219 $24,823,634

 

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