$92 Million Commercial Whole Loan Sale – 401173

MIAC Whole Loan Desk

Press Release

March 1, 2018

New York, NY – Mortgage Industry Advisory Corporation (MIAC) is pleased to offer, a $92 million pool of performing, new origination Commercial loans secured by Multi-Family properties.

The loans are being offered on a loan level, carve or All-Or-None basis.

These are Full Recourse, Bank originated loans. There is an additional opportunity to purchase future flow origination.

Investment Opportunity

  • West Coast Geographic Concentration
  • Average UPB: $2.8mm
  • WAC: 4.30%
  • WA LTV: 62%
  • 5, 7, 10 Year ARMs
  • Pre-Payment Penalty equal to the fixed period

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
212-233-1250 x 212
Steve.Harris@miacanalytics.com

Brendan Teeley
SVP, Whole Loan Sales, Trading
212-233-1250 x 281
317-531-5297 Mobile
Brendan.Teeley@miacanalytics.com

About MIAC

For over 28 years, Mortgage Industry Advisory Corporation (MIAC) has been the preferred destination for mortgage industry participants. In addition to providing whole loan brokerage services, MIAC® offers third-party mortgage asset valuations, secondary market hedge advisory solutions, as well as state-of-the-art behavioral models.

MIAC Analytics™ is the most sophisticated mortgage pricing and risk management software suite available. The MIACAnalytics™ suite includes VeriFi™, DataRaptor-Surveillance™, MIAC Core™, and Vision™ to address FASB’s new Current Expected Credit Loss (“CECL”) requirements with the industries best modeling practices. VeriFi™ is used to support and manage the data quality auditing and review process. DR-Surveillance™ will measure a client’s collateral behavior including historical transition roll rates and Time_in_FCL exit curves, and these client-specific behaviors are integrated into MIAC Core™, our loan level credit loss model embedded in our Vision™ cash flow engine and balance sheet model.