Bid Date: 06/28/2018 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 billion Ginnie Mae, Fannie Mae, and Freddie Mac mortgage servicing portfolio. The portfolio is being offered by a mortgage company that originates loans with California and Colorado concentration. The Seller will be providing full representations and warranties for the loans included in this offering.
Key portfolio characteristics include:
Percentages below are represented as % of loan count
- $177,661 Average Loan Size
- 100% Fixed Rate
- 2.39% FHLMC1
- 35.67% FNMA
- 61.93% GNMA
- Weighted average interest rate of 4.006%
- Weighted average delinquency rate of 5.30%
- Weighted average loan Age of 42 months
- Weighted average FICO of 708
- 43.95% Retail and 55.98% TPO
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