Puerto Rico – Based Whole Loan Offer 

Mortgage Industry Advisory Corporation (MIAC) is pleased to offer, a $16.1 million pool of Puerto Rican mixed performance, residential whole loans.

The loans are being offered on an all-or-none basis. These are seasoned, bank originated loans with full files for review, please contact your MIAC sales representative for the necessary NDA.

Bid Date: 3/19/2019    5:00 PM EST

Investment Opportunity

  • Geographic concentration: Puerto Rico
  • $9.5mm insured GNMA
  • $5.6mm conventional uninsured
  • $10mm performing
  • Average UPB: $50,000
  • WAC: 7.39%
  • MIAC transaction number 501153

Find out more

Learn more about MIAC Whole Loan Sales & Brokerage

Contact

For more information about this transaction, contact your MIAC sales representative at (212) 233 – 1250 

About MIAC

For 29 years, Mortgage Industry Advisory Corporation (MIAC™) has been the preferred destination for mortgage-industry participants. In addition to providing whole loan brokerage services, MIAC™ offers third-party mortgage asset valuations, secondary market hedge advisory solutions, as well as state-of-the-art behavioral models.

MIAC Analytics is the most sophisticated mortgage pricing and risk management software suite available.  The MIAC Analytics suite includes VeriFiDataRaptor-SurveillanceMIAC Core™, and MIAC Vision™, to address FASB’s new Current Expected Credit Loss (“CECL“) requirements with the industries best modeling practices. VeriFi™ is used to support and manage the data quality auditing and review process. DR-Surveillance™ will measure a client’s collateral behavior including historical transition roll rates and Time_in_FCL exit curves; and these client specific behaviors are integrated into MIAC Core™, our loan level credit loss model embedded in our Vision cash flow engine and balance sheet model.