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 »
Whole Loan Opportunities
$2.3 Million Mixed Performance Residential Whole Loan Sale – 701129
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 »
$78.1 Million Residential Scratch and Dent Whole Loan Sale – 701125
Bid Date: March 5, 2021 5:00 PM EST Mortgage Industry Advisory Corporation (MIAC) is pleased to offer $78.1 million of mixed performance scratch and dent loans. The seller is a large non-bank secondary client that MIAC has sold for in the past. These loans can be bid for a carve, loan level or for… Read more »
$65 Million, New Origination Fix and Flip Whole Loan Sale – 601263
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 »
$4.8 Million Mixed Performance Residential Whole Loan Sale – 701111
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 »
$84.2 Million RPL and NPL Whole Loan Sale – 601241
Bid Date: September 24, 2020 10am EST Mortgage Industry Advisory Corporation (MIAC) is pleased to offer $84.2 million of Seasoned, Mixed Performing loans. The population consists of sub performing and non-performing loans that were acquired through a bank merger. This is an All of None sale. Investment Opportunity: Collateral Type: Seasoned, Mixed Performing… Read more »
$55.8 Million Mixed Performing Scratch and Dent Whole Loan Sale – 601235
Bid Date: September 11, 2020 Mortgage Industry Advisory Corporation (MIAC) is pleased to offer $55.8 million of Mixed Performing, Scratch and Dent loans. The seller is large originator that can be bid for a carve, loan level or for the total pool. Investment Opportunity: Collateral Type: Mixed, Scratch and Dent, Performing Original UPB: $57,461,919.00… Read more »
$3.4 Million Performing Scratch and Dent Whole Loan Sale – 601227
Bid Date: August 28, 2020 Mortgage Industry Advisory Corporation (MIAC) is pleased to offer $3.4 million of Performing, Scratch and Dent loans. The seller would provide full reps and warranties per market. These loans can be bid for a carve, loan level or for the total pool. Investment Opportunity: Collateral Type: Scratch and Dent, Performing… Read more »
$2.3 Million Scratch and Dent Whole Loan Sale – 601225
Bid Date: August 14, 2020 4:00 PM EST Mortgage Industry Advisory Corporation (MIAC) is pleased to offer $2.3 million of Scratch and Dent loans. These loans can be bid for a carve, loan level or for the total pool. Investment Opportunity: Collateral Type: Scratch and Dent, Performing Original UPB: $2,361,865.00 Current UPB: $2,327,871.59 Average… Read more »
$9.4 Million 2nd Lien Whole Loan Sale – 601223
Bid Date: August 8, 2020 2:00pm EST Mortgage Industry Advisory Corporation (MIAC) is pleased to offer $9.4 million of 2nd lien, new origination loans. The seller is a large non-bank originator who will provide full reps and warranties per market. These loans can be bid for a carve, loan level or for the total… Read more »