Bid Date: 2/10/2021 5:00 PM EST Mortgage Industry Advisory Corporation (MIAC), as the exclusive representative for the Seller, is pleased to offer for your review and consideration a $3.87 billion Ginnie Mae mortgage servicing portfolio. The portfolio is being offered by a mortgage company that originates loans nationally. The Seller will be providing full representations… Read more »
Bid Date: 2/12/2021 12:00 PM EST Mortgage Industry Advisory Corporation (MIAC), as exclusive representative for the Seller, is pleased to offer for your review and consideration a $860.08 million Fannie Mae, Freddie Mac, and FHLB-NY (MPF) mortgage servicing portfolio. The portfolio is being offered by a mortgage company that originates loans with a New… Read more »
Bid Date: February 2, 2021 5:00 PM EST Mortgage Industry Advisory Corporation (MIAC) is pleased to offer $10.1 million of Scratch and Dent loans. The seller is a large bank that MIAC has sold for in the past. These loans can be bid for a carve, loan level or for the total pool. Investment Opportunity:… Read more »
Mortgage Industry Advisory Corporation (MIAC) is pleased to offer $7.4 million of recent origination, Agency, Scratch and Dent loans. The seller is a bank client of MIAC. These loans can be bid loan level or all or none. Investment Opportunity: Collateral Type: New Origination, Agency, S&D Current UPB: $7,431,322.72 Average UPB: $530,808.77 WAC: 3.079% Loan… Read more »
Mortgage Industry Advisory Corporation (MIAC) is pleased to offer $21 million of Non-performing loans. The seller is a large non-bank originator. These loans can be bid for a carve, loan level or for the total pool. Investment Opportunity: Collateral Type: NPL, Non-QM Current UPB: $21,397,286.00 Average UPB: $668,621.61 WAC: 6.660% Loan Count: 32 State Concentration… Read more »
Mortgage Industry Advisory Corporation (MIAC) is pleased to offer $3.8 million of New Origination Fix and Flip loans. The seller is a privately funded Fix and Flip Lender in the Washington State area. The offer is to purchase the current population, but also engage in future flow arrangements. Production ranges from $5-10mm per month. These… Read more »
Buyer is a depository with a New York, Connecticut, and New Jersey footprint. They have engaged MIAC to augment their organic origination with $200mm of jumbo loans. The best prices will be paid for the lower coupon loans. Due to counterparty restrictions the loans must transact servicing released. Requested pool size is $35mm minimum. Requested… Read more »
Month-over-Month From end-of-month October to end-of-month November, the MIAC Generic Servicing Assets (GSAs™) Conv_30 Index decreased by 4.30%, and the GNII_FHA_30 Index decreased by 6.90%. During the month of November, Conv_30 Index OAS’s tightened to close the month at 1,307.7 bps, for a decrease of 7 bps. The GNII_FHA_30 Index OAS’s widened to 1,638.3 bps… Read more »
MIAC Announces the opening of their new contemporary facility in historic Bethlehem, Pennsylvania Press Release November 1, 2018 New York, NY – MIAC Analytics™, a leading provider of pricing, risk management and accounting solutions for the mortgage and financial services industries, announced today the opening of the Bethlehem Technology Center (BTC), located at 202 West Fourth… Read more »
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 »