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 »
Whole Loan Opportunities
$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 »
$6.3mm Residential Whole Loan Sale – 301645
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: 4/5/2017 Service Released Sale The loans are underwritten to Agency Guidelines 18 Whole Loans Top three states are CA, NY, FL 4.315% WAC $352,… Read more »
Performing, S&D Loan Sale – 201523
201523 Offering Memorandum Seller is a large, non-bank originator whom we have sold for in the past. We are exclusive brokers for this sale. These are agency fall out, performing loans. The full details are available on the tape provided through the NDA. The seller would like to close in 2016. Loan level bids are… Read more »
$33mm First Lien, NPL HELOC 201366
201366 Offering Memorandum The Whole Loan Desk at MIAC is offering 98 NPLs as described below. Seller is a Bank Client, whom MIAC has sold for in the past. Top Three States: FL (18), MD (17), NY (11) $330,000 AV UPB 3.847% WAC 1.08 WA LTV 3365 WA Age 982 WA Delinquency Total MI Amount: $18,822,592.44… 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 »
$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 »
$25mm Mixed Performing Puerto Rico Loans – 201289
201289 Offering Memorandum Being Offered for Service Released sale is a Whole Loan Portfolio consisting of 455 First Lien, Residential Mortgages, with a GWAC of 7.33%. The performance of the loans range from NPL to current, the unique opportunity is the data available MIAC his as a near complete performance history of the 10 year… Read more »
$4.5mm Loan Level Sale of Jumbo TRID Agency Kicks – 201327
201327 Offering Memorandum The Seller is a long term MIAC client whom we sell for frequently, this is their first round of TRID loans. Late 2015 Origination dates. Loan Level Bids Due 2/17/16, End of Business [table width =”100%” style =”table-striped table-bordered table-hover” responsive =”true”] [table_head] [th_column]State[/th_column] [th_column]UPB[/th_column] [th_column]Loan Count[/th_column] [th_column]Program[/th_column] [th_column]UPB[/th_column] [th_column]Loan Count[/th_column] [/table_head]… Read more »