MIAC Whole Loan Desk
August 8, 2017 / Press Release
New York, NY – Mortgage Industry Advisory Corporation (MIAC) is pleased to announce a current whole loan offering of approximately $31mm of first lien, performing residential whole loans.
The seller is a regional bank with a desire for a consistent counterparty for a portfolio product that closely mirrors agency standards. Many of the loans have a small variation in the underwriting that accommodates the borrower while maintaining 100% performance across the entire population. The Seller is willing to provide credit enhancements to improve execution.
- AV UPB $319,000
- 101 Units
- WAC 4.117%
- WA FICO 717
- WA DTI 19%
- WA LTV 52%
- WAM 1/23/2043
For more information, please contact:
Managing Director, MIAC Capital Markets
212-233-1250 x 212
SVP, Whole Loan Sales, Trading
212-233-1250 x 281
You may also contact your MIAC sales representative at (212) 233 – 1250
For over 25 years, Mortgage Industry Advisory Corporation (MIAC) has been the preferred destination for mortgage industry participants. In addition to providing whole loan brokerage services, MIAC provides 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 MIACAnalytics™ suite now includes MIAC Vision™, an asset-liability solution that applies our MIAC CORE™ behavioral models at the loan level. MIAC CORE™ is a family of asset-level behavioral models that forecast voluntary and involuntary prepayments for residential mortgages, auto loans, credit cards, and unsecured consumer loans. MIAC CORE™ utilizes conditional responses to HPI, CPI, GDP, unemployment rates and mortgage rates. Spanning the analytical spectrum from loan origination to balance sheet risk management, MIAC Analytics™ is the integrated and comprehensive analytical solution for mortgage originators, mortgage servicers, mortgage investors and balance sheet managers.