Mortgage Industry Medians
Mortgage Industry Medians (MIMs) is a semi-monthly dealer consensus of long-term prepayment projections. The MIMs survey is based on MIAC’s Generic Cohorts, which are derived from broad-market MBS data and differentiated by product type, coupon, and issue year.
Most Widely Used Industry Prepayment Projections
Comprehensive, accurate, and timely survey of prepayment forecasts for mortgage pricing, risk management, and stress analysis.
Includes projections for base case and yield curve shift scenarios
Incorporates speeds from prominent Wall Street dealers
Explicit loan attributes for each Generic Cohort such as WAC, WALA, WAM, mtm-LTV, FICO, and average loan size
The web application allows users to dynamically monitor MIMs projections over time and compare speeds between participating dealers
Integration into MIAC Analytics™ software suite and Dynamic MIMs™
Dynamic MIMs™ – an enhanced module that accommodates intraday changes in mortgage rates
Gain Insight into Current Mortgage Trends
MIMs – The Most Granular Cohorts in the Industry
Most mortgage assets, including MSRs and CMOs, are priced with dealer consensus prepayment speeds.
MIMs includes long-term projections for the following sectors:
Conventional 15-Year/30-Year, and Hybrids
Ginnie Mae II 15-Year/30-Year, and Hybrids
Ginnie Mae I 15-Year/30-Year
Jumbo 30-Year and Hybrids