Bid Date: 07/25/2018    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 $182.15 million Fannie Mae, and Freddie Mac mortgage servicing portfolio. The portfolio is being offered by a mortgage company that originates loans with a New Jersey and Indiana concentration. The Seller will be providing full representations and warranties for the loans included in this offering.

Key portfolio characteristics include:
  • $183,994 Average Loan Size
  • 99.80% Fixed Rate and 0.20% ARM
  • 27.88% FHLMC ARC
  • 72.12% FNMA A/A
  • Weighted average interest rate of 4.301%
  • Weighted average delinquency rate of 0.65%
  • Weighted average loan Age of 9 months
  • Weighted average Orig LTV of 77.60%
  • Weighted average CLTV of 76.78%
  • Weighted average FICO of 731

Interested parties should contact their MIAC representative at (212) 233-1250 with any questions on the portfolio sale.


Dan Thomas, Managing Director, Client Solutions Group (212) 233-1250 x240

Steve Harris, Managing Director, MIAC Capital Markets (212) 233-1250 x212

Mike Carnes, Managing Director, Capital Markets Group (212) 233-1250 x327

Visit our website and learn more about MIAC Asset Sales and Advisory and View Current MSR Offerings