Bid Date: 7/21/2020 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 $5.27 billion Agency mortgage servicing portfolio.
The portfolio is being offered by a mortgage company that originates loans with a broad national distribution.
The Seller will be providing standard representations and warranties for the loans included in this offering.
Key portfolio characteristics include:
- $117,064 Average Loan Size
- 47.08% FNMA A/A
- 49.60% FNMA MBS
- 3.32% FNMA MBS EXP
- Weighted average interest rate of 4.082%
- Weighted average delinquency rate of 3.73%
- Weighted average loan Age of 53 months
- Weighted average FICO of 740
- 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.
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