Bid Date: 10/18/2016 5:00 PM EST

$890 Million FNMA / FHLMC / GNMA mortgage servicing portfolio

Mortgage Industry Advisory Corporation (MIAC), as exclusive representative for the Seller, is pleased to offer for your review and consideration a $890 Million FNMA / FHLMC / GNMA mortgage servicing portfolio. The portfolio is being offered by a mortgage company that originates loans with a West Coast Concentration. The Seller will be providing full representations and warranties for the loans included in this offering.

Key portfolio characteristics include:
  • $270,133 Average Loan Size
  • 95.65% Fixed Rate
  • 44.62% FNMA A/A, 42.64% FHLMC Gold and 12.74% GNMA II
  • Weighted average interest rate of 4.168%
  • Weighted average delinquency rate of 0.89%
  • Weighted average loan Age of 7 months
  • Weighted average FICO of 728
  • 100% Retail
  • West Coast Concentration



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

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