Bid Date: 10/17/2017 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 $339 Million Agency 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:
- $239,315 Average Loan Size
- 100% Fixed Rate
- 50.79% FHLMC Gold
- 49.09% FNMA A/A
- Weighted average interest rate of 4.501%
- Weighted average delinquency rate of 0.42%
- Weighted average loan Age of 7 months
- Weighted average FICO of 730
- 100% Retail
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
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
Visit our website and learn more about MIAC Asset Sales and Advisory.