Bid Date: 2/7/2017 5:00 PM EST

Mortgage Industry Advisory Corporation (MIAC), as exclusive representative for the Seller, is pleased to offer for your review and consideration a $780 Million GNMA mortgage servicing portfolio. The portfolio is being offered by a mortgage company that originates loans with a national geographic footprint. The Seller will be providing full representations and warranties for the loans included in this offering.

Key portfolio characteristics include:
  • $117,617 Average Loan Size
  • 100% Fixed Rate
  • 16.74% GNMA l and 83.26% GNMA ll
  • Weighted average interest rate of 5.103%
  • Weighted average delinquency rate of 8.34%
  • Weighted average loan Age of 19 months
  • Non-Zero weighted average FICO of 631
  • 91.4% Retail and 8.6% Wholesale
  • National geographic footprint

Interested parties should contact their MIAC representative with any questions on the portfolio sale.


Dan ThomasManaging Director, Client Solutions Group (212) 233-1250 x240

Steve HarrisManaging Director, MIAC Capital Markets (212) 233-1250 x212

Mike CarnesManaging Director, Capital Markets Group (212) 233-1250 x327


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