MIAC Whole Loan Desk August 23, 2017 / Press Release New York, NY – Mortgage Industry Advisory Corporation (MIAC) is pleased to announce its placement of a portfolio of IRA residential whole loans. The loans are secured by investment properties and guaranteed by an individual’s IRA account. Given the complexities of this asset class,… Read more »
Whole Loan Opportunities
$98mm Multi-Family Whole Loan Sale – 301785
MIAC Whole Loan Desk August 15, 2017 / Press Release New York, NY – Mortgage Industry Advisory Corporation (MIAC) is pleased to announce a current whole loan offering of approximately $98mm of bank originated, commercial, whole loans secured by multi-family real estate and sold on a Servicing Released basis. The Seller is a large… Read more »
$31mm Bank Originated, First Lien Residential Whole Loan Sale – 301775
MIAC Whole Loan Desk August 8, 2017 / Press Release New York, NY – Mortgage Industry Advisory Corporation (MIAC) is pleased to announce a current whole loan offering of approximately $31mm of first lien, performing residential whole loans. The seller is a regional bank with a desire for a consistent counterparty for a portfolio… Read more »
MIAC places $52 Million Seasoned First Lien Whole Loan HELOCs
MIAC Whole Loan Desk July 13, 2017 / Press Release New York, NY – Mortgage Industry Advisory Corporation (MIAC) is pleased to announce that its whole loan desk, completed the sale of approximately $52mm of seasoned, first lien HELOCs. The sale consisted of both performing and non-performing mortgages. The seller is a large bank and… Read more »
$5.5mm Mixed Performance Residential Whole Loan Sale – 301725
Seller is a Non-Bank Originator who is recapitalizing on a pool of Residential Scratch & Dent loans ranging from Performing to Modified to NPL. $5,494,630.25 Total UPB 19 Units 4.317% WAC Geographically Diverse Price Expectations in the 70-80s WAA 2014 Find out more Learn more about MIAC Whole Loan Sales & Brokerage Brendan Teeley Senior Vice President,… Read more »
$4.3mm Non-Performing Residential Whole Loan Sale – 301658
Seller is a Fund who is liquidating a pool of Residential NPLs that do not match the core strategy of the Fund. Bid Date: TBD $4,319,386.67 Total UPB 44 Units 5.652% WAC Geographically Diverse with a Midwest focus Price Expectations in the 60s of BPO WAA 2012 Find out more Learn more about MIAC Whole Loan Sales &… Read more »
$424mm Small Balance Commercial Whole Loan Sale – 301659
Bid Date: TBD The loans are underwritten to Agency Guidelines $2.4mm AV UPB Office, Retail and Hospitality represent the top three holdings $143mm Fixed Rate $281mm Adjustable Rate 100% Performing 126 AV Remaining Months 4.3886% WAC $239mm AV UPB Pricing to a small Premium 100% California Sold as 90/10 Participation or Securitization Find out more Learn… Read more »
$3.1mm Agency Kick Residential Whole Loan Sale – 301691
Seller is a Large Non-Bank Originator seeking to sell as a loan level, or All Or None Bid. The population consists of Agency Loans kicked by aggregators. Bid Date: 5/19/17 The loans are underwritten to Agency Guidelines Jumbo and Conventional Balances 30 Year FRM WA Age 52 months 4.124% WAC $238,714 AV UPB Pricing at a… Read more »
Midwest Ohio ARM Inquiry – 301643
Buyer is seeking $50mm+ of ARMs secured by residential First Lien Whole Loans. Buyer would consider a flow relationship for the remainder of 2017 to meet larger acquisition goals. Service Retained or Released The loans are underwritten to Agency Guidelines <80 LTV Midwest states, Ohio Priced to Market Seasoned or New Origination 1, 3, 5,… Read more »
$2.3mm Residential S&D Whole Loan Sale – 301647
Seller is a large Non-Bank Originator. The Seller is seeking to sell as a loan level, or All Or None Bid. The population consists of Agency Loans kicked by aggregators. Bid Date: 4/12/2017 The loans are underwritten to Agency Guidelines 4 Whole Loans 75% FL, 25% IN 4.188% WAC $347,295 AV UPB Pricing in the 90s… Read more »