Whole Loan Opportunities

Mortgage Industry Advisory Corporation (MIAC) is pleased to announce the successful settlement of $173 million of Seasoned, GNMA Non-Performing Whole loans. The seller was a large non-bank originator with a national footprint. The loans were sold service released with the Seller receiving interest advances, corporate and escrow advances. Investment Opportunity: Collateral Type: Insured, Non-Performing, GNMA… Read more »

Bid Date: April 22, 2021    5:00 PM EST  Mortgage Industry Advisory Corporation (MIAC) is pleased to offer $9.1 million of newly originated fix and flip mortgages secured by residential property. These 1-year terms are made to non-owner borrowers as business purpose loans. Investment Opportunity: 58% Performing, 42% Seriously Delinquent Current UPB: $9,120,000 Average UPB:… Read more »

Bid Date: March 19, 2021    5:00 PM EST  Mortgage Industry Advisory Corporation (MIAC) is pleased to offer $2.3 million of mixed performance, conventional loans. The seller is a large non-bank client whom we have executed numerous transactions for in the past. Investment Opportunity: 84% Performing, 16% Seriously Delinquent Current UPB: $2,355,113.74 Average UPB: $215,000… Read more »

Mortgage Industry Advisory Corporation (MIAC) is pleased to announce the successful settlement of $65 million of new origination, fix and flip loans from a closely held originator. Investment Opportunity: Collateral Type: 100% Investment Property Short duration Bridge Loans 2021 Settlement Average UPB: $684,000 WAC: 7.84% Loan Count: 95 Pacific Northwest states Find out more Learn… Read more »

Bid Date: February 22, 2021    5:00 PM EST  Mortgage Industry Advisory Corporation (MIAC) is pleased to offer $2.3 million of mixed performance, conventional and GNMA loans. The seller is a large community who has acquired these loans through a merger with another depository. This sale is an opportunity to divest from non-core assets. Investment… Read more »