$57 Million Scratch and Dent Whole Loan Sale – 701165

Posted in Recent News, Whole Loan Opportunities.

Bid Date: August 19, 2021    5:00 PM EST Mortgage Industry Advisory Corporation (MIAC) is pleased to offer $57 mm of non-bank originated, scratch and dent loans. Investment Opportunity: Current UPB: $57,056,023 Average UPB: $310,087 WAC: 3.683% Loan Count: 184 Find out more Learn more about MIAC Whole Loan Sales & Brokerage Contact For more information about… Read more »

MIAC Perspectives – Summer 2021

Posted in MIAC Publications, Perspectives, Recent News.

In this issue… Residential MSR Market Update – July 2021 Mike Carnes, Managing Director, MSR Valuations Group Over the month of June, primary mortgage rates were mostly flat, while the CMS curve flattened significantly – with 2-year CMS rates backing up 10 BPs and 10-year CMS rates falling 15 BPs. During the same time period,… Read more »

MIAC Moves to New NYC Headquarters

Posted in Recent News.

New Office Location We’ve Moved! Exciting things are happening at MIAC Analytics, and we want to share some important news with you. Loyalty from customers like you has fueled continued growth, making a move to a new facility necessary. To serve you better, we are moving to a new space in NYC, just a few… Read more »

$2.73 Billion Servicing Offering

Posted in MSR Offerings, Recent News.

Bid Date: 5/06/2021    5:00 PM EST Mortgage Industry Advisory Corporation (MIAC), as exclusive representative for the Seller, is pleased to offer for your review and consideration a $2.73 billion Fannie Mae, Ginnie Mae, and Freddie Mac mortgage servicing portfolio. This portfolio is being offered by a mortgage company that originates loans with a Texas… Read more »

$280 Million Non-QM Whole Loan Sale – 701141

Posted in Recent News, Whole Loan Opportunities.

Bid Date: April 23, 2021    5:00 PM EST  Mortgage Industry Advisory Corporation (MIAC) is pleased to offer $280 million of GNMA EBO loans. The seller is a large non-bank. Investment Opportunity: Collateral Type: GNMA EBOs Current UPB: $280,246,651.02 Average UPB: $164,657.26 WAC: 4.050% Loan Count: 1702 Find out more Learn more about MIAC Whole Loan… Read more »

MIAC Perspectives – Winter 2021

Posted in MIAC Publications, Perspectives, Recent News.

In this issue… Introducing the Updated CORE™ Residential Models for Credit, Prepayment, and Loss Dick Kazarian, Managing Director, Borrower Analytics Group MIAC’s Borrower Analytics Group has completely revamped the CORE™ family of residential behavioral models. These models cover all three residential sectors: Agency, GNMA, and Non-Agency. The purpose of this report is to highlight six… Read more »

Introducing the Updated CORE™ Residential Models for Credit, Prepayment, and Loss

Posted in MIAC Publications, Perspectives, Recent News.

By Dick Kazarian, Managing Director, Borrower Analytics Group Introduction and Summary Over the past two years, MIAC’s Borrower Analytics Group has completely revamped the CORE™ Family of Residential Behavioral Models. These models cover all three residential sectors: Agency, GNMA, and Non-Agency and include the following components: Credit frequency (i.e., “roll rates”) Voluntary Prepayments Foreclosure/REO Timelines… Read more »

2020 Market Retrospective

Posted in MIAC Publications, Perspectives, Recent News.

By Brendan Teeley, Senior Vice President, Whole Loan Sales & Trading COVID-19 Prior to COVID-19, unemployment was at a 50-year low and inflation was also below the Fed’s target of 2.0%. A significant portion of the U.S. economy closed and remains closed due to COVID-19. Real GDP growth fell during the second quarter by a… Read more »

$1.24 Billion Servicing Offering

Posted in MSR Offerings, Recent News.

Bid Date: 2/18/2021    5:00 PM EST Mortgage Industry Advisory Corporation (MIAC), as exclusive representative for the Seller, is pleased to offer for your review and consideration a $1.24 billion 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… Read more »