Bid Date: December 7, 2022 5:00 PM EST MIAC Analytics is pleased to announce the offering of both fixed and adjustable-rate conventional mortgages. The seller is a non-bank originator for whom MIAC has sold this type of collateral for in the past. The bid is requested to contain all advances, including corporate, escrow and interest…. Read more »
Recent News
Recent News – Events, Industry News, Press Releases – MIAC Analytics
CORE Insights: Are FHA Purchase Loans a Lurking Credit Risk?
By Dick Kazarian, Managing Director, Borrower Analytics Group This article takes a closer look at the credit risk of FHA purchase loans within our CORE™ Residential Model Suite. We cover the following topics: • Core Model Framework • The Importance of a Competing Risk Framework • Segmentations within the Government-insured sector • … Read more »
MIAC Perspectives – Fall 2022
In this issue… Market Overview Dick Kazarian, Managing Director, Borrower Analytics Group This Market Overview provides an overview of rates, prepayments, credit, housing markets, and other topics of broad interest to mortgage market participants. Topics include: Mortgage Rates and Spreads, Prepayment changes from our MIMs Survey, and an update on the PMMS Survey. Read more… CORE… Read more »
MSR Market Update – Q3 2022
By Mike Carnes, Managing Director, MSR Valuations Group MSR Price Changes (YTD 2022) As displayed in Figure 1, MIAC Generic Servicing Assets™ (GSAs) have experienced significant YTD 2022 price increases across all four sectors and both vintages, with a UPB-weighted increase of 1.17 multiple (or 30.0%). Within Conventional products, pricing increased substantially more for 30-year… Read more »
Whole Loan Market Update – Q3 2022
By Nicholas Dorn, SVP, Whole Loan Sales, Trading The overarching themes in the whole loan market are much higher rates, wider spreads, inflation, stagnating or declining home prices, and declines in existing home sales. We provide an overview and analysis of these data in the Market Overview article in this issue of MIAC Perspectives. Scratch… Read more »
Lock Tracker
By Dick Kazarian, Managing Director, Borrower Analytics Group In this issue of MIAC Perspectives, we introduce our Lock Tracker™. We introduce this Lock Tracker to help market participants follow origination trends considering the unprecedented market volatility in rates and volume that we have experienced since the start of 2022. Our data consists of applications processed… Read more »
$2.3 Billion GNMA Multifamily & Healthcare Mortgage Servicing Offering
Bid Date: 10/26/2022 5:00 PM EST MIAC Analytics™, as exclusive representative for the Seller, is pleased to offer for your review and consideration a $2.3 billion Ginnie Mae Multifamily & Healthcare mortgage servicing portfolio. The portfolio is being offered by a Midwest financial institution that originated these loans through their mortgage company affiliate. The… Read more »
MIAC Perspectives – Spring 2022
In this issue… Market Overview Dick Kazarian, Managing Director, Borrower Analytics Group This Market Overview provides an overview of rates, prepayments, credit, housing markets, policy updates, and other topics of broad interest to mortgage market participants. Topics include: Mortgage Rates and Spreads, Prepayment changes from our MIMs Survey, Extension Risk Concerns. Read more… CORE Insights: A… Read more »
$1.72 Billion Servicing Offering
Bid Date: 5/03/2022 5:00 PM EST MIAC Analytics, as exclusive representative for the Seller, is pleased to offer for your review and consideration a $1.72 billion Fannie Mae, Freddie Mac, and Ginnie Mae mortgage servicing portfolio. The portfolio is being offered by a mortgage company that originates loans with a concentration in California. The… Read more »
$109 Million Servicing Offering
Bid Date: 3/31/2022 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 $109 million Fannie Mae mortgage servicing portfolio. The portfolio is being offered by a mortgage company that originates loans with a concentration in New York and New… Read more »