Mortgage Industry Advisory Corporation (MIAC), as exclusive representative for the Seller, is pleased to offer for your review and consideration a $3 Billion FNMA/GNMA mortgage servicing portfolio. The portfolio is being offered by a mortgage company that originates loans with a national geographic concentration. The Seller will be providing full representations and warranties for the loans included in this offering.

Key portfolio characteristics include:

    • $170,406 Average Loan Size
    • 95.38% Fixed and 4.62% Hybrid loans
    • 14.12% FNMAA/A, 33.19% FNMA MBS, 17.55% GNMA I and 35.14% GNMA II loans
    • Weighted average interest rate of 4.254%
    • Weighted average delinquency rate of 11.61%
    • Weighted average loan Age of 35 months
    • 20.97% Retail and 79.03% Wholesale
    • 78.01% Refinance and 21.99% Purchase loans
    • National Geographic concentration


Bid Date: July 14, 2014 5:00 PM EST 


To receive a copy of the Offering Memorandum, please contact your MIAC representative  or email  Upon execution of a Confidentiality Agreement, loan level data will be supplied to prequalified buyers. 


Dan Thomas, Managing Director (212) 233-1250 Ext. 240 |

Steve Harris, Managing Director  (212) 233-1250 Ext. 212 |