Bid Date: 11/13/2019 5:00 PM EST Mortgage Industry Advisory Corporation (MIAC) is pleased to offer, as the exclusive agent, a $3.7 million pool of new origination, agency kicked loans. The loans are being offered on a loan-level basis. Investment Opportunity: WAC: 4.921% Geographic Concentration: Nationwide Total UPB: $3,743,629 Average Total UPB: $155,984.55 Find out more… Read more »
Recent News
Recent News – Events, Industry News, Press Releases – MIAC Analytics
$108 Million New Origination, Multi-Family ARMs Whole Loan Sale – 501297
Investment Overview MIAC is representing this Bank in the sale of a population of New Origination, Multifamily mortgage with a West coast concentration. The loans were underwritten to Agency guidelines and sold on a Service Release basis. Bid Date: September 12, 2019 5:00 PM EST Key Portfolio Information Total Balance: $106,347,259 Average UPB: $3,038,493 WAC:… Read more »
MIAC Hosts 30th Celebration Party
Mortgage Industry Advisory Corporation (MIAC), established in 1989 by Cofounders Paul Van Valkenburg and Robert N. Husted, is proud to be celebrating its 30th year. The firm commemorated this special occasion with an evening cocktail reception on Thursday, August 8th, the exact day of MIAC’s founding, at Aureole in NYC. MIAC’s Charlotte, North Carolina office… Read more »
30 Years in Business: Where it all Began…
MIAC’s Cofounders Robert N. Husted and Paul Van Valkenburg sat down to reflect on the last 30 years. Bob: “They say that history repeats itself and hindsight is 20/20, but I believe there was a unique combination of events that occurred around the time we founded MIAC and shortly thereafter that helped provide the… Read more »
MIAC Celebrates 30 Years in Business
Press Release August 8, 2019 New York, NY – Today marks 30 years in business for MIAC and its software suite, MIAC Analytics™, leading software solutions for pricing, risk management and accounting for the mortgage and financial services industries. The business’s success has been built on pride, trust, professionalism, competence, and a commitment to offering exceptional services…. Read more »
Secondary Markets Commentary – Week of May 13, 2019
TBA Trading Volume Trading volume was up 49% week over week. Conv 15yr volume was up 68%, Conv 30yr volume was up 53%, and GNMA 30yr volume was up 20%. Conv 30yr trades were 5.3 times the amount of GNMA 30yr, an increase over the 4.2 multiple from the prior week. The 3.5 coupon had… Read more »
MIAC Analytics™ Introduces MOJO™
A New Pool Optimizing Tool – Part of the MarketShield® Secondary Market Software Suite Press Release May 7, 2019 New York, NY – MIAC Analytics™, a leading provider of pricing, risk management and accounting solutions for the mortgage and financial services industries, announced today the addition of a new tool in MarketShield®, MIAC’s secondary software suite; the… Read more »
Secondary Markets Commentary – Week of April 8, 2019
TBA Trading Volume Trading volume was relatively flat week over week. The only real gain was in GNMA trades which were up 7.3% week over week. Conv 30yr trades were 5 times the amount of GNMA 30yr so the small increase in activity on the GNMA product wasn’t enough to make a significant impact overall…. Read more »
Secondary Markets Commentary – Week of April 1, 2019
TBA Trading Volume Trading volume was up quite a bit this week. At the same time, borrowers took advantage of the lowest rates since late 2017. Conv 30yr trades led the way with a 37% increase week over week. With the move down in rates, we saw trade volume shift down in coupon. 83% of… Read more »
Secondary Markets Commentary – Week of March 25, 2019
Curve flattening was in full effect last week as the 2-10 spread tightened to 12. The 10-Yr rallied 10 bps on Friday on the back poor European economic data finishing the week at 2.437. The 3-month/10-Yr inverted for the first time since 2007 as Existing Home Sales came in well above expectations at 11.8% MoM… Read more »