IRA Residential Whole Loans

Posted in Recent News, Whole Loan Opportunities.

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 »

$98mm Multi-Family Whole Loan Sale – 301785

Posted in Recent News, Whole Loan Opportunities.

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 »

Midwest Ohio ARM Inquiry – 301643

Posted in Whole Loan Opportunities.

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

Posted in Whole Loan Opportunities.

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 »