Introduction The MIAC CORE™ is the name of MIAC’s new class of behavioral models for all asset classes including residential non-agency whole loans/MSRs, residential agency whole loans/MSRs, commercial whole loans, auto loans, credit cards, unsecured consumer loans, etc. Each of these models has two components – a Voluntary Prepayment Model and a Loss Model. Each… Read more »

Market Overview The Mortgage Servicing Market experienced a significant drop in the number of discrete bulk transactions for the first half of 2015 versus the first half of 2014. However, due to several large portfolio sales by Non-Banks and other Regional Institutions, the actual UPB that changed hands was larger than the first half of… Read more »

The following article was first published in the Mortgage Finance Gazette in January 2015 and has been brought up to date for MIAC Perspectives. Introduction The Buy-To-Let (BTL) sector has demonstrated material growth as a sub-market of the mortgage industry in the UK.  For potential home owners, buying homes has become a serious challenge from… Read more »

July 29, 2015 Press Release New York, NY- Mortgage Industry Advisory Corporation (MIAC) is pleased to announce that its MDS (Mortgage Delivery Specialists) division provided data validation, data auditing and delivery services to the Federal Home Loan Bank of Chicago for the first securitization with Ginnie Mae. The securities are backed by mortgages originated by… Read more »

July 13, 2015 Press Release New York, NY – Mortgage Industry Advisory Corporation (MIAC), a renowned provider of Mortgage Analytics and Risk Management Solutions to the financial industry, announces the formation of its broker dealer subsidiary, MIAC Capital Markets, LLC. MIAC Capital Markets, LLC is a FINRA registered broker dealer specializing in the brokerage of mortgages… Read more »

May 19th, 2015 Press Release – New York, NY – The Mortgage Industry Advisory Corporation (“MIAC”), a leading provider of capital market advisory services and tools for financial institutions and money managers, announced today that K. Daniel Libby, CFA has joined their team as Senior Vice President. Mr. Libby will play a significant role across all… Read more »

April 21, 2015 Press Release New York, NY – Mortgage Industry Advisory Corporation (MIAC) is pleased to announce that its MDS (Mortgage Delivery Specialists) division successfully executed one of the largest securitizations of seasoned residential mortgage loans with a GSE since the GSEs entered conservatorship. $2,000,000,000 Seasoned Residential Mortgage Loans   MDS acted as the Delivery Agent…. Read more »

April 8, 2015 Press Release New York, NY – On March 25th – 27th, Mortgage Industry Advisory Corporation (MIAC) hosted its 6th Annual Secured Financing Conference in Orlando. The event was well attended by Secured Finance professionals representing a myriad of banks from across the country. The event featured two days of interactive presentations by MIAC experts… Read more »

March 12, 2015 Press Release New York, NY – Mortgage Industry Advisory Corporation (MIAC) will be sponsoring the IMN Mortgage Servicing Rights Forum on Mach 16-17th at the Marriott Downtown in New York. In addition, members of MIAC’s Senior Management team will be leading panel discussions on topics regarding mortgage servicing rights. On Monday, March 16 at 11:30 AM,… Read more »

As regulatory standards tighten and the enforcement environment frosts, data integrity becomes even more of a critical focus for the participants in the mortgage industry. Of particular importance is the need by lending institutions to complete a successful regulatory or compliance audit. Complete and accurate data can be difficult to maintain and validate. Yet in… Read more »