Bid Date: March 17, 2022 Mortgage Industry Advisory Corporation (MIAC) is pleased to announce the offering of GNMA non-performing residential mortgages (EBO). Your bid is required to include your agreement to pay all escrows, all outstanding corporate advances (due up to the buy-out date) and all accrued interest due to seller. Investment Opportunity: Collateral Type:… Read more »

Mortgage Industry Advisory Corporation (MIAC) is pleased to announce the offering of non-bank-originated, agency loans. 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… Read more »

Bid Date: 3/16/2022    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 $1.94 billion Fannie Mae and Freddie Mac mortgage servicing portfolio. The portfolio is being offered by a mortgage company that originates loans with a California concentration. The… Read more »

Mortgage Industry Advisory Corporation (MIAC) is pleased to announce the offering of bank -originated, portfolio loans. 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… Read more »

By 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. Subsequent articles provide a deep dive into our CORE™ family of models, the MSR market, and the whole loan market. In this first… Read more »

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 »