Bid Date: 6/8/2017 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 $439 Million FNMA/FHLMC/GNMA mortgage servicing portfolio. The portfolio is being offered by a mortgage company that originates loans with a Florida concentration. The Seller will be providing full representations and warranties for the loans included in this offering.

Key portfolio characteristics include:
  • $189,574 Average Loan Size
  • 99.96% Fixed Rate and 0.04% ARM Loan
  • 89.37% FNMA A/A, 0.45% FHLMC ARC and 10.18% GNMA II Loans
  • Weighted average interest rate of 4.030%
  • Weighted average delinquency rate of 1.94%
  • Weighted average loan Age of 13 months
  • Weighted average FICO of 738

NOTE: Bids may be submitted by Investor or in total.

Interested parties should contact their MIAC representative 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

Visit our website and learn more about MIAC Asset Sales and Advisory.

Share this Post