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.

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 and View Current MSR Offerings