Bid Date: 3/14/2019    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 $315.25 million Ginnie Mae, Fannie Mae, and Freddie Mac mortgage servicing portfolio. The portfolio is being offered by a mortgage company that originates loans with a California concentration.

The Seller will be providing full representations and warranties for the loans included in this offering.

Key portfolio characteristics include:
  • $271,536 Average Loan Size
  • 26.27% FHLMC Gold
  • 29.63% GNMA II
  • 44.10% FNMA A/A
  • Weighted average interest rate of 5.145%
  • Weighted average delinquency rate of 2.33%
  • Weighted average loan Age of 4 months
  • Weighted average FICO of 702
  • 100% Retail

Percentages above are represented as % of loan count

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

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