MIAC Whole Loan Desk

Press Release

February 23, 2018

New York, NY  Mortgage Industry Advisory Corporation (MIAC) is pleased to offer, as the exclusive agent, a $39 million pool of performing Investor Loans originated by a Non-Bank originator.

The loans are being offered on an all-or-none basis, Servicing Retained at a 6.0% Net Interest Rate.

These are non-recourse, investment property loans. There have been zero losses on the portfolio since the program began. There is an additional opportunity to purchase future flow origination.

Investment Opportunity

  • Geographic Concentration: TX, TN, GA
  • Average Total UPB: $50,000
  • WAC: 9.60%
  • WA LTV: 50%
  • WA Term: 15 years, Fixed
  • WA Vintage 2015

Find out more

Learn more about MIAC Whole Loan Sales & Brokerage


For more information about this transaction, contact your MIAC sales representative at (212) 233 – 1250

Steve Harris
Managing Director, MIAC Capital Markets
212-233-1250 x 212

Brendan Teeley
SVP, Whole Loan Sales, Trading
212-233-1250 x 281
317-531-5297 Mobile

About MIAC

For over 28 years, Mortgage Industry Advisory Corporation (MIAC) has been the preferred destination for mortgage industry participants. In addition to providing whole loan brokerage services, MIAC® offers third-party 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 includes VeriFi™, DataRaptor-Surveillance™, MIAC Core™, and Vision™ to address FASB’s new Current Expected Credit Loss (“CECL”) requirements with the industries best modeling practices. VeriFi™ is used to support and manage the data quality auditing and review process. DR-Surveillance™ will measure a client’s collateral behavior including historical transition roll rates and Time_in_FCL exit curves, and these client-specific behaviors are integrated into MIAC Core™, our loan level credit loss model embedded in our Vision™ cash flow engine and balance sheet model.