MIAC provides comprehensive mortgage pipeline management and hedge advisory solutions tailored specifically to the goals of your organization. Our team of experienced capital markets and risk management professionals can price originations, execute your hedges, generate your pool files and limit pipeline market risk while optimizing your best execution.
The Industry's Trusted Hedge Advisor
Fallout Analysis and Modeling
MIAC provides comprehensive loan fallout analysis and pull-through modeling customized to your needs. We assist in the creation of a multi-dimensional and market dynamic pull-through model and maintenance in volatile interest rate environments.
Accounting and Auditing Support
MIAC will assist in discussions with external auditors, warehouse lenders, and regulators regarding the pipeline risk management process. We supply detailed price breakdowns to facilitate the reconciliation of loan sales, including a granular day-over-day P&L attribution. Daily attribution analysis highlights the impact to your P&L from changes in security/base price, LLPAs, spec pay ups, MSR/SRP, BU/BD, and your cost basis.
Daily mark-to-market and attribution analysis of the entire position produces transparency for changes in profitability and risk. Our team of dedicated account managers can assist with the creation of a hedging strategy designed to meet each client’s risk tolerance.
Best Execution Analysis
MIAC provides Best execution analysis from lock date through sale date to measure and manage value at risk in the pipeline. MarketShield® provides a comprehensive analysis of available execution options for every loan. The evaluation of servicing released versus servicing retained strategies is a critical component of MarketShield’s Best Execution analysis.
Trade Management and Support
MIAC provides TBA and whole loan trade execution and allocation. Our traders provide clients with tracking reports, highlighting the migration through all pipeline milestones. We can also provide Loan delivery support through MIAC’s Mortgage Delivery Specialists.
Daily Activity Reporting
We provide daily tracking and reporting of new locks, expirations, cancellations, declines, new loan closings, new loan sales, trade allocations, and hedge trading activity. MIAC also supplies comprehensive market risk analysis, shock reporting, and month-to-date P&L reporting. These reports can be customized to your specific needs.
Pipeline Hedging and Loan Sales
From Fully Outsourced Services to Customized Reporting
MIAC provides full-service pipeline risk management solutions, from rate sheet generation out to loan sale and settlement.
MIAC hedges your pipeline and sells your loans based on proprietary models, calibrated to your needs.
End-to-end Pipeline Hedging and Risk Management Services
Experienced and Dedicated Account Manager
User-customizable Management and Supervisor Reports
Hedge and Loan Sale Fulfillment
Selling Retained vs Released Optimization
Comprehensive Daily and Month-end Mark-to-Market Reports
Real-time Pipeline Decisioning
Generates Optimal Results vs Best Efforts
Loan Slotting Pool Optimization
MIAC offers SaaS services and stand-alone, custom-driven reports.
Customizable Comprehensive Reporting
Fully-integrated with Leading LOS System
Complete Pull-through Analysis
Advanced Term-Structure Model
Stress Testing for Pipeline vs. Hedge
Comprehensive Fallout Modeling and Reporting
CPA to CPA-like Accounting P&L Reports
Pooling Optimization/Best-Ex Reports
MSR Grids Fully Integrated into Best-Ex
MIAC makes a point of working with each client to meet their specific needs and interests.
Therefore, our approach is customized for the client, but generally, these are our service packages.