Investment Overview MIAC is representing this Bank in the sale of a population of New Origination, Multifamily mortgage with a West coast concentration. The loans were underwritten to Agency guidelines and sold on a Service Release basis. Bid Date: September 12, 2019 5:00 PM EST Key Portfolio Information Total Balance: $106,347,259 Average UPB: $3,038,493 WAC:… Read more »
Month-over-Month From end-of-month June to end-of-month July, the MIAC Generic Servicing Assets (GSAs™) Conv_30 Index increased by 1.33% and the GNII_FHA_30 index increased by 2.54%. In larger GSA cohorts, which are actively traded in the MSR market, the Conv30_3.5_2016 increased by 1.30% and the GNII_FHA30_3.5_2016 cohort increased by 3.76%. During the month of July, Conv_30… Read more »
Mortgage Industry Advisory Corporation (MIAC), established in 1989 by Cofounders Paul Van Valkenburg and Robert N. Husted, is proud to be celebrating its 30th year. The firm commemorated this special occasion with an evening cocktail reception on Thursday, August 8th, the exact day of MIAC’s founding, at Aureole in NYC. MIAC’s Charlotte, North Carolina office… Read more »
MIAC’s Cofounders Robert N. Husted and Paul Van Valkenburg sat down to reflect on the last 30 years. Bob: “They say that history repeats itself and hindsight is 20/20, but I believe there was a unique combination of events that occurred around the time we founded MIAC and shortly thereafter that helped provide the… Read more »
Press Release August 8, 2019 New York, NY – Today marks 30 years in business for MIAC and its software suite, MIAC Analytics™, leading software solutions for pricing, risk management and accounting for the mortgage and financial services industries. The business’s success has been built on pride, trust, professionalism, competence, and a commitment to offering exceptional services…. Read more »
Month-over-Month From end-of-month May to end-of-month June, the MIAC Generic Servicing Assets, (GSAs™) Conv_30 Index decreased by 5.37% and the GNII_FHA_30 index decreased by 12.53%. In larger GSA cohorts, which are actively traded in the MSR market, the Conv30_3.5_2016 decreased by 5.53% and the GNII_FHA30_3.5_2016 cohort decreased by 17.66%. During the month of June, Conv_30… Read more »
Month-over-Month From end-of-month April to end-of-month May, the MIAC Generic Servicing Assets, (GSAs™) Conv_30 Index decreased by 3.82% and the GNII_FHA_30 index decreased by 6.38%. In larger GSA cohorts, which are actively traded in the MSR market, the Conv30_3.5_2016 decreased by 1.54% and the GNII_FHA30_3.5_2016 cohort decreased by 8.40%. During the month of May, Conv_30… Read more »
Bid Date: 06/18/2019 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 $1.05 billion Fannie Mae and Freddie Mac mortgage servicing portfolio. The portfolio is being offered by a mortgage company that originates loans nationally. Approximately 82% of the… Read more »
Month-over-Month From end-of-month March to end-of-month April, the MIAC Generic Servicing Assets, (GSAs™) Conv_30 Index increased by 0.40% and the GNII_FHA_30 index increased by 0.51%. In larger GSA cohorts, which are actively traded in the MSR market, the Conv30_3.5_2016 increased by 0.38% and the GNII_FHA30_3.5_2016 cohort increased by 0.82%. During the month of April, Conv_30… Read more »
TBA Trading Volume Trading volume was up 49% week over week. Conv 15yr volume was up 68%, Conv 30yr volume was up 53%, and GNMA 30yr volume was up 20%. Conv 30yr trades were 5.3 times the amount of GNMA 30yr, an increase over the 4.2 multiple from the prior week. The 3.5 coupon had… Read more »