Bid Date: 06/18/2018 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 $1.27 billion Ginnie Mae, Fannie Mae, and Freddie Mac mortgage servicing portfolio. The portfolio is being offered by a mortgage company that originates loans with a West Coast concentration. The Seller will be providing full representations and warranties for the loans included in this offering.
Key portfolio characteristics include:
- $223,590 Average Loan Size
- 100% Fixed Rate
- 3.05% FHLMC
- 68.89% FNMA
- 28.06% GNMA
- Weighted average interest rate of 4.192%
- Weighted average delinquency rate of 1.78%
- Weighted average loan Age of 29 months
- Weighted average FICO of 720
- 100.00% Retail
Interested parties should contact their MIAC representative at (212) 233-1250 with any questions on the portfolio sale.
CONTACT
Dan Thomas, Managing Director, Client Solutions Group
Dan.Thomas@miacanalytics.com (212) 233-1250 x240
Steve Harris, Managing Director, MIAC Capital Markets
Steve.Harris@miacanalytics.com (212) 233-1250 x212
Mike Carnes, Managing Director, Capital Markets Group
Mike.Carnes@miacanalytics.com (212) 233-1250 x327
Visit our website and learn more about MIAC Asset Sales and Advisory and view our current MSR Offerings