Bid Date: 7/13/2022    5:00 PM EST MIAC Analytics, as exclusive representative for the Seller, is pleased to offer for your review and consideration a $5.22 billion Fannie Mae, Freddie Mac, and Ginnie Mae mortgage servicing portfolio. The portfolio is being offered by a mortgage company that originates loans with a concentration in California. The… Read more »

Senior Web Application Developer MIAC Analytics Location: Charlotte, North Carolina, Bethlehem, PA or New York, NY Please click here to apply Overview The Web Application Developer is responsible for enhancing and maintaining MIAC’s web applications, within a small web development team. You’ll have significant autonomy in your work; the position will be managed as part of… Read more »

Data Product Analyst MIAC Analytics Location: New York, NY or Charlotte, NC  Please click here to view the application Overview MIAC Analytics™ is looking for a qualified, entrepreneurial candidate to join their Product Management and Support Team. Product Management and Support is a highly motivated, high-energy team that works closely with all facets of MIAC’s… Read more »

Whole Loan Sales/Trader MIAC Analytics Location: New York, NY or Charlotte, NC  Please click here to view the application The Role You Will Play Key responsibilities for the Whole Loan Sales/Trader include: Overseeing Whole Loan brokerage opportunities, sourcing, and placing assets Collaborating with an internal salesforce and external business partners to ensure timely asset marketing,… Read more »

Secondary Markets Analyst/Trading Assistant MIAC Analytics Location: Charlotte, North Carolina or New York, NY Please click here to apply Secondary Marketing Analyst/Trading Assistant Overview This position falls under the Secondary Solutions Group (SSG) within MIAC. SSG is generally responsible for aiding account managers in the risk management, trading, and customer service of mortgage pipelines for multiple… Read more »

In this issue… Market Overview Dick Kazarian, Managing Director, Borrower Analytics Group This Market Overview provides an overview of rates, prepayments, credit, housing markets, policy updates, and other topics of broad interest to mortgage market participants. Topics include: Mortgage Rates and Spreads, Prepayment changes from our MIMs Survey, Extension Risk Concerns. Read more… CORE Insights: A… Read more »

By Dr. Darrel Welch, Managing Director, MIAC Analytics Ltd. Introduction Lifetime mortgage (LTM) is one of the latest asset classes to be implemented in Vision™, MIAC’s advanced ALM system. UK’s lifetime mortgage sector saw a borrowing boom in 2021, with annual lending growth year-on-year from £3.86 to £4.8 billion (24%). So far in 2022, this… Read more »

By Mike Carnes, Managing Director, MSR Valuations Group MSR Pricing MSR prices continued their dramatic ascent in Q1 2022. As displayed in Figure 1, MIAC Generic Servicing Assets (GSAs™) experienced first quarter price increases across all four sectors and both vintages, with a UPB-weighted Q-on-Q increase of 0.97 multiple (or 24.9%). Within Conventional products, pricing… Read more »

By Dick Kazarian, Managing Director, Borrower Analytics Group This article takes a closer look at some key features of our updated Agency Credit Model within our CORE™ Model Suite. Also highlighted are unique behaviors that occurred during the COVID period. Framework Figure 1 shows the transition model framework used by the latest version of our… Read more »

By Dick Kazarian, Managing Director, Borrower Analytics Group Each issue of our Quarterly Perspectives consists of several articles covering different topics of interest to mortgage market participants. This article reviews 1) Mortgage Rates and Spreads, 2) Prepayment Changes from our MIMs Survey, and 3) Extension Risk Concerns. 30-Year Mortgage Rates and Spreads Figure 1 displays… Read more »