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