MIAC Whole Loan Desk Press Release April 12, 2018 New York, NY – Mortgage Industry Advisory Corporation (MIAC) is pleased to announce that its whole loan desk successfully placed $66,000,000 of reperforming residential mortgages. MIAC acted as the exclusive broker for the seller. Additional RPL offers are anticipated. For additional information, please contact your MIAC… Read more »
From 1/31/2018 to 2/28/2018, the MIAC GSAs™ Conv_30 Index increased by 2.90% and the GNII_FHA_30 index increased by 4.44%. In larger GSA cohorts, which are actively traded in the MSR market, the Conv30_3.5_2016 cohort increased by 3.16% and GNII_FHA30_3.5_2016 cohort increased by 3.59%. Increasingly, we are seeing CPR’s on Conv30 3.0% coupons leveling off and… Read more »
MIAC Whole Loan Desk Press Release March 1, 2018 New York, NY – Mortgage Industry Advisory Corporation (MIAC) is pleased to offer, a $92 million pool of performing, new origination Commercial loans secured by Multi-Family properties. The loans are being offered on a loan level, carve or All-Or-None basis. These are Full Recourse, Bank originated loans…. Read more »
MIAC Whole Loan Desk Press Release February 23, 2018 New York, NY – Mortgage Industry Advisory Corporation (MIAC) is pleased to offer, as the exclusive agent, a $39 million pool of performing Investor Loans originated by a Non-Bank originator. The loans are being offered on an all-or-none basis, Servicing Retained at a 6.0% Net Interest… Read more »
The FINRA Rule 4210, which establishes margin requirements for Covered Agency Transactions, including TBAs, has been a concern of secondary hedgers since the SEC’s approval of it back in June of 2016. After several delays to the effective implementation date, it looks like this latest date of June 25, 2018 just might stick. How does… Read more »
Bid Date: 02/22/2018 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 $444.37 million Ginnie Mae, Fannie Mae, and Freddie Mac mortgage servicing portfolio. The portfolio is being offered by a mortgage company that originates loans with a California… Read more »
Bid Date: 02/21/2018 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 $773.13 Million FNMA / FHLMC / GNMA mortgage servicing portfolio. The portfolio is being offered by a mortgage company that originates loans with a New York concentration…. Read more »
From 12/29/2017 to 1/31/2018, the MIAC GSAs™ Conv_30 Index increased by 6.05% and the GNII_FHA_30 index increased by a whopping 15.46%. In larger GSA cohorts, which are actively traded in the MSR market, the Conv30_3.0_2016 cohort increased by 4.15% and GNII_FHA30_3.0_2016 cohort increased by 9.61%. It has been years since any of us have had… Read more »
For the Q417, the MIAC GSA Conv_30 Index increased by 7.56% and GNII_FHA_30 index increased by 6.72%. During Dec 17, the GSA Conv_30 was up modestly 0.6% and GNII_FHA_30 up 0.64%. In larger GSA cohorts, which are actively traded in the MSR market, the Conv30_3.0_2016 increased by 5.34% and GNII_FHA_30 3.52%. Part of the price… Read more »
MIAC Whole Loan Desk Press Release January 18, 2018 New York, NY – Mortgage Industry Advisory Corporation (MIAC) is pleased to offer, as the exclusive agent, a $71 million pool of reperforming residential first lien whole Loans. The loans are being offered on an all-or-none basis and are servicing released. Investment Opportunity Interest Rate Range:… Read more »