Bid Date: March 19, 2021    5:00 PM EST  Mortgage Industry Advisory Corporation (MIAC) is pleased to offer $2.3 million of mixed performance, conventional loans. The seller is a large non-bank client whom we have executed numerous transactions for in the past. Investment Opportunity: 84% Performing, 16% Seriously Delinquent Current UPB: $2,355,113.74 Average UPB: $215,000… Read more »

In this issue… Introducing the Updated CORE™ Residential Models for Credit, Prepayment, and Loss Dick Kazarian, Managing Director, Borrower Analytics Group MIAC’s Borrower Analytics Group has completely revamped the CORE™ family of residential behavioral models. These models cover all three residential sectors: Agency, GNMA, and Non-Agency. The purpose of this report is to highlight six… Read more »

By Dick Kazarian, Managing Director, Borrower Analytics Group Introduction and Summary Over the past two years, MIAC’s Borrower Analytics Group has completely revamped the CORE™ Family of Residential Behavioral Models. These models cover all three residential sectors: Agency, GNMA, and Non-Agency and include the following components: Credit frequency (i.e., “roll rates”) Voluntary Prepayments Foreclosure/REO Timelines… Read more »

By Brendan Teeley, Senior Vice President, Whole Loan Sales & Trading COVID-19 Prior to COVID-19, unemployment was at a 50-year low and inflation was also below the Fed’s target of 2.0%. A significant portion of the U.S. economy closed and remains closed due to COVID-19. Real GDP growth fell during the second quarter by a… Read more »

Bid Date: 2/18/2021    5:00 PM EST Mortgage Industry Advisory Corporation (MIAC), as exclusive representative for the Seller, is pleased to offer for your review and consideration a $1.24 billion mortgage servicing portfolio. The portfolio is being offered by a mortgage company that originates loans with a New York concentration. The Seller will be providing… Read more »

Bid Date: February 12, 2021    5:00 PM EST  Mortgage Industry Advisory Corporation (MIAC) is pleased to offer $3.8 million of Seasoned, FHA, and Performing loans from Puerto Rico. The seller is an asset manager that is winding down this fund. This population is being sold All Or None. Investment Opportunity: Collateral Type: Seasoned, FHA,… Read more »

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 »