Bid Date: 06/22/2016 2:00 PM EST Mortgage Industry Advisory Corporation (MIAC), as exclusive representative for the Seller, is pleased to offer for your review and consideration a $1.5 Billion FNMA and FHLMC mortgage servicing portfolio. The portfolio is being offered by a mortgage company that originates loans with a national geographic concentration. The Seller will… Read more »
Recent News
Recent News – Events, Industry News, Press Releases – MIAC Analytics
$783 million Agency / Government Servicing Offering
Bid Date: 06/16/2016 2:00 PM EST Mortgage Industry Advisory Corporation (MIAC), as exclusive representative for the Seller, is pleased to offer for your review and consideration a $783 million Agency / Government Servicing Portfolio. The portfolio is being offered by a mortgage company that originates loans with a geographic concentration in California. The Seller will be… Read more »
Jumbo Service Retained Sale 201379
201379 Offering Memorandum Seller is a large Credit Union seeking to sell as a loan level, bulk and potentially a flow arrangement, the total of both pools. Bids will be accepted on each pool separately. $34mm total UPB. The Sale must be a Service Retained Sale, with a 25bps servicing fee. The Loans are underwritten… Read more »
Jumbo Service Released Sale 201381
201381 Offering Memorandum Seller is a large Credit Union seeking to sell as a Loan Level and bulk and potentially a flow arrangement. Bids will be accepted on each loan separately. $12.5mm total UPB. The Loans are sold Service Released The Loans are underwritten to Fannie Mae Guidelines QM Compliant Geographically Diverse New Origination, <12… Read more »
$299 million Agency / Government Servicing Offering
Bid Date: 06/15/2016 2:00 PM EST Mortgage Industry Advisory Corporation (MIAC), as exclusive representative for the Seller, is pleased to offer for your review and consideration a $299 million Agency / Government Servicing Offering. The portfolio is being offered by a mortgage company that originates loans with a geographic concentration in Texas. The Seller will be providing full… Read more »
MIAC visits NYSE
Press Release New York, NY – Last week, Brendan Teeley, VP Whole Loan Sales, Trading at MIAC and Jason Eisendrath, Director Loan Sales Strategies at MDS – Mortgage Delivery Specialists, a division of MIAC, and several of MIAC clients, paid a visit to the New York Stock Exchange. This event occurred during the same week as… Read more »
MIAC Hosts 7th Annual Secondary Market Roundtable
Press Release New York, NY – On May 15th, preceding the MBA’s National Secondary Market Conference, Mortgage Industry Advisory Corporation (MIAC) hosted it’s 7th Annual Secondary Market Roundtable – Challenges and Opportunities in 2016, in New York, NY. The event was attended by over 100 financial professionals representing originators, servicers and investors. Several essential secondary… Read more »
$189mm of Performing First Lien HELOC – 201365
201365 Offering Memorandum Bank Seller has engaged the Whole Loan Desk at MIAC for the sale of this next tranche of 513 Performing First Liens. 85% of the Loans are frozen for future withdrawals, essentially making them 1 Month ARMs that amortize for the next 240 months. 740 FICO 3.02% GWAC $382,000 AV UPB [servicebox… Read more »
$25 Million Monthly FNMA / GNMA Concurrent Flow Servicing
Bid Date: 05/24/2016 2:00 PM EST Mortgage Industry Advisory Corporation (MIAC), as exclusive representative for the Seller, is pleased to offer for your review and consideration a $25 Million per month concurrent flow mortgage servicing offering. The Flow Servicing is being offered by a independent mortgage company that originates loans with a geographic concentration in… Read more »
$268.75 Million FNMA Mortgage Servicing
Bid Date: 05/11/2016 2:00 PM EST Mortgage Industry Advisory Corporation (MIAC), as exclusive representative for the Seller, is pleased to offer for your review and consideration a $268.75 million FNMA mortgage servicing portfolio. The portfolio is being offered by a mortgage company that originates loans with a geographic concentration in Illinois. The Seller will be providing… Read more »