Bid Date: 05/01/2019 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 an $840.97 million Fannie Mae and Freddie Mac mortgage servicing portfolio.
The portfolio is being offered by a mortgage company that originates loans with a Texas concentration.
The Seller will be providing full representations and warranties for the loans included in this offering.
Key portfolio characteristics include:
- $158,078 Average Loan Size
- 82.03% FNMA A/A
- 17.33% FHLMC S/A
- 0.23% FNMA MBS
- 0.30% FNMA MRS
- 0.11% FHLMC S/S
- Weighted average interest rate of 4.195%
- Weighted average delinquency rate of 0.00%
- Weighted average loan Age of 52 months
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