Bid Date: 6/28/2017 5:00 PM EST
Due to the failure of Guaranty Bank (the “Bank”), and the appointment of the Federal Deposit Insurance Corporation as receiver for the Bank (the “FDIC”), the FDIC is proposing to enter into a competitive auction with respect to certain Mortgage Servicing Rights (the “MSRs”) related to Ginnie Mae (“Agency”) pools containing residential mortgage loans with an aggregate unpaid principal balance of approximately $73 million (“Mortgage Loans“).
Acting as an exclusive representative for the FDIC, Mortgage Industry Advisory Corporation (MIAC) is pleased to offer for your review and consideration MSRs related to these Mortgage Loans, which were securitized with an Agency guaranty.
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These bidder qualification documents must be completed without modification, executed and returned to MIAC Analytics electronically, to the attention of Mike Carnes at this email address: Mike.Carnes@MIACAnalytics.com or Dan Thomas at Dan.Thomas@MIACAnalytics.com for FDIC approval prior to receipt of the data tape for review and bid. These forms must be executed in the exact name of the legal entity seeking to submit a bid.
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
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