MIAC Whole Loan Desk Press Release May 24, 2018 New York, NY – Mortgage Industry Advisory Corporation (MIAC) is pleased to offer, as the exclusive agent, a $23 million pool of reperforming residential first lien whole loans. The Seller prefers to sell the loans on an all-or-none basis, but will consider carves and are being offered… Read more »
Recent News
Recent News – Events, Industry News, Press Releases – MIAC Analytics
$2.24 Billion Agency/Government Servicing Offering
Bid Date: 05/17/2018 5:00 PM EST Mortgage Industry Advisory Corporation (MIAC), as the exclusive representative for the Seller, is pleased to offer for your review and consideration a $2.24 Billion Ginnie Mae, Fannie Mae, and Freddie Mac mortgage servicing portfolio. The portfolio is being offered by a mortgage company that originates loans with a National… Read more »
$74 Million Servicing Offering
Bid Date: 05/09/2018 5:00 PM EST Mortgage Industry Advisory Corporation (MIAC), as the exclusive representative for the Seller, is pleased to offer for your review and consideration a $74 million Ginnie Mae, Fannie Mae, and Freddie Mac mortgage servicing portfolio. The portfolio is being offered by a mortgage company that originates loans with a Utah… Read more »
Residential MSR Market Update – April 2018
Over the last month, the MIAC GSAs™ (Generic Servicing Asset) Conv_30 Index decreased by 1.02% and the GNII_FHA_30 index decreased by 2.47%. In larger GSA cohorts which are actively traded in the MSR market, the Conv30_3.5_2016 cohort decreased by 1.51% and the GNII_FHA30_3.5_2016 cohort decreased by 2.21%. The good news is that the March hiccup… Read more »
Residential MSR Market Update – March 2018
From 1/31/2018 to 2/28/2018, the MIAC GSAs™ Conv_30 Index increased by 2.90% and the GNII_FHA_30 index increased by 4.44%. In larger GSA cohorts, which are actively traded in the MSR market, the Conv30_3.5_2016 cohort increased by 3.16% and GNII_FHA30_3.5_2016 cohort increased by 3.59%. Increasingly, we are seeing CPR’s on Conv30 3.0% coupons leveling off and… Read more »
$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…. Read more »
$39 Million Investor Whole Loan Sale – 401143
MIAC Whole Loan Desk Press Release February 23, 2018 New York, NY – Mortgage Industry Advisory Corporation (MIAC) is pleased to offer, as the exclusive agent, a $39 million pool of performing Investor Loans originated by a Non-Bank originator. The loans are being offered on an all-or-none basis, Servicing Retained at a 6.0% Net Interest… Read more »
FINRA 4210: Time to Prepare
The FINRA Rule 4210, which establishes margin requirements for Covered Agency Transactions, including TBAs, has been a concern of secondary hedgers since the SEC’s approval of it back in June of 2016. After several delays to the effective implementation date, it looks like this latest date of June 25, 2018 just might stick. How does… Read more »
$444.37 Million Servicing Offering
Bid Date: 02/22/2018 5:00 PM EST Mortgage Industry Advisory Corporation (MIAC), as the exclusive representative for the Seller, is pleased to offer for your review and consideration a $444.37 million Ginnie Mae, Fannie Mae, and Freddie Mac mortgage servicing portfolio. The portfolio is being offered by a mortgage company that originates loans with a California… Read more »
$773.13 Million Servicing Offering
Bid Date: 02/21/2018 5:00 PM EST Mortgage Industry Advisory Corporation (MIAC), as the exclusive representative for the Seller, is pleased to offer for your review and consideration a $773.13 Million FNMA / FHLMC / GNMA mortgage servicing portfolio. The portfolio is being offered by a mortgage company that originates loans with a New York concentration…. Read more »