By Mike Carnes, Managing Director, MSR Valuations Group MSR Pricing MSR prices continued their upward climb in Q4 2021. As displayed in Figure 1, MIAC Generic Servicing Assets (hereafter, GSAs™) have seen YTD price increases across all sectors and vintages, with a UPB-weighted increase of 34.4%. Across Conventional products, pricing increased substantially more for 30-year… Read more »

By Brendan Teeley, Senior Vice President, Capital Markets Group This article reviews recent developments and their impact on seasoned whole loan markets. MIAC regularly represents buyers and sellers across a broad range of market segments. In this article, we focus on the following: CRA, EBOs Fix-and-Flip, Puerto Rico, and Scratch and Dent. CRA – Community… Read more »

In this issue… Market Overview Dick Kazarian, Managing Director, Borrower Analytics Group This Market Overview provides an overview of rates, prepayments, credit, housing markets, policy updates, and other topics of broad interest to mortgage market participants. Topics include: Mortgage Rates and Spreads, Prepayment changes from our MIMs Survey, MIMs Contributor Dispersion, and Policy News. Read more…… Read more »

MIAC Analytics is pleased to announce the offering of GNMA non-performing residential mortgages (EBO). The seller is a non-bank originator whom MIAC has sold this type of collateral for in the past. The bid is requested to contain all advances, including corporate, escrow and interest. Investment Opportunity: Collateral Type: Non-Performing GNMA Insured Mortgages Current UPB:… Read more »

Bid Date: February 22, 2022   5:00 PM EST Mortgage Industry Advisory Corporation (MIAC) is pleased to announce the offering of GNMA non-performing residential mortgages (EBO). The seller is a non-bank originator whom MIAC has sold this type of collateral for in the past. The bid is requested to contain all advances, including corporate, escrow and… Read more »

Bid Date: February 23, 2022     5 :00 PM EST Mortgage Industry Advisory Corporation (MIAC) is pleased to announce the offering of weighted average 2020 vintage, including current originations. This population is Bank-Originated loans consists primarily of adjustable rate HELOCs with approximately half of the pool being indexed to Prime and 40% being index to… Read more »

Bid Date: 2/08/2022    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 $221.48 million Fannie Mae, Freddie Mac, and Ginnie Mae mortgage servicing portfolio. The portfolio is being offered by a mortgage company that originates loans with an Indiana… Read more »

Bid Date: 1/20/2022    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 $6.23 billion Fannie Mae, Freddie Mac, and Ginnie Mae mortgage servicing portfolio. The portfolio is being offered by a mortgage company that originates loans with a California… Read more »

MIAC Analytics is pleased to announce the offering of GNMA non-performing residential mortgages (EBO). The seller is a non-bank originator whom MIAC has sold this type of collateral for in the past. The bid is requested to contain all advances, including corporate, escrow and interest. Investment Opportunity: Collateral Type: Non-Performing GNMA Insured Mortgages Current UPB:… Read more »

Mortgage Industry Advisory Corporation (MIAC) is pleased to announce the successful settlement of $223 million of Seasoned, GNMA Non-Performing Whole loans. The seller was a large non-bank originator with a national footprint. The loans are being sold Service Released. Investment Opportunity: Collateral Type: Insured, Non-Performing, GNMA −  FHA 70% −  VA 27% −  USDA 3%… Read more »