201234 Exclusive Offering Memorandum MIAC is pleased to announce an Exclusive Engagement to Sell a Performing, Seasoned, First Lien Pool of Residential Mortgages Servicing Released. Bid date is the second week of February 2016. Seller is a Large, Regional Bank located in the South East United States. The loans were originated via internal production as well as… Read more »
Bid date: February 26, 2016 5:00 PM EST The Seller is a large Foreign Bank that through the early/mid 2000s originated a First HELOC loan program via brokerage and retail channels. The average Loan Age is 10 years. The performing population has a GWAC of approximately 2.90%; or 2.99% with updated, current interest rates. The… Read more »
201307 Offering Memorandum Seller is a Large, Non-Bank Originator whom we have sold for in the past. Loan Level Bids are due 12-30-15 at 4 pm EST These are Agency Fall Out, Performing loans, the full details are available on the tape provided through the NDA. [table width =”100%” style =” table-hover” responsive =”true”] [table_head]… Read more »
The Seller would ideally prefer a Service Retained Sale, however the given market, will accept Released and Retained with Non-Solicitation Agreement. $12.8mm Performing, Jumbo Loans [table width =”100%” style =”table-striped table-bordered table-hover” responsive =”true”] [table_head] [th_column]Total UPB[/th_column] [th_column]$ 12,840,009.91[/th_column] [/table_head] [table_body] [table_row] [row_column]Average UPB[/row_column] [row_column]$ 1,284,000.99[/row_column] [/table_row] [table_row] [row_column]… Read more »
December 3, 2015 / Press Release New York, NY – MIAC Analytics™ relaunches Mortgage Industry Medians (MIMs™), a dealer consensus prepayment projection survey, a successor to SIFMA’s Mortgage Prepayment Projection Tables. Mortgage Industry Advisory Corporation (MIAC), provider of financial analytics solutions, relaunches MIMs™, a Wall St. dealer consensus long-term prepayment projection survey, based upon a survey of… Read more »
September 23, 2015 / Press Release New York, NY – Mortgage Industry Advisory Corporation (MIAC) will be featured at this year’s Distressed Residential Mortgage Summit in New York on October 1st, held in the Crowne Plaza – Times Square. Joseph Furlong will moderate a panel on the do’s and don’ts of large loan pool due diligence… Read more »
September 16, 2015 / Press Release New York, NY- The Mortgage Industry Advisory Corporation (“MIAC”), a leading provider of capital market advisory services and software tools for financial institutions announced today that Ray Webber has joined their team as Senior Vice President, Client Solutions Group. Ray’s diverse background in mortgage lending, mortgage servicing and mortgage insurance… Read more »
Seller is a Large Midwest Bank with a large mortgage origination desk. The Offering is up to $16mm of Lightly Seasoned Bank originated, Performing, ARMs as Detailed Below. There is a population of F30 available as well. The price expectation is Mid 101’s, carve outs available. $16mm Performing, Jumbo, 5 and 7 Year ARMS, Non-QM… Read more »
August 26, 2015 / Press Release New York, NY- The Mortgage Industry Advisory Corporation (“MIAC”), a leading provider of capital market advisory services and software tools for financial institutions announced today that Brendan Teeley has joined their team as vice president – whole loan sales/trader. Mr. Teeley will lead MIAC’s whole loan sales and trading desk…. Read more »
August 18, 2015 Press Release New York, NY – Mortgage Industry Advisory Corporation (MIAC), provider of financial analytics solutions, launches VeriFi™, a comprehensive due diligence software solution for the banking and lending industries. Powered by, MIAC Analytics™, VeriFi™ customizes the loan file review process to the user’s exact specifications and processes a variety of verifications,… Read more »