MIAC Whole Loan Desk
August 15, 2017 / Press Release
New York, NY – Mortgage Industry Advisory Corporation (MIAC) is pleased to announce a current whole loan offering of approximately $98mm of bank originated, commercial, whole loans secured by multi-family real estate and sold on a Servicing Released basis.
The Seller is a large regional bank who regularly participates in the secondary commercial market. The loans contain call protection that mirrors the adjustment period. The collateral has above average DSC and conservative LTV. The seller has never had a default in this product.
- AV UPB $3,650,000
- 27 Units, Loan Level Pricing
- WAC 4.154%
- WA FICO 736
- WA DSC 1.29%
- WA LTV 70%
- WAM 2047
Find out more
Learn more about MIAC Whole Loan Sales & Brokerage
MIAC sales representative at (212) 233 – 1250
Managing Director, MIAC Capital Markets
212-233-1250 x 212
SVP, Whole Loan Sales, Trading
212-233-1250 x 281
For over 25 years, Mortgage Industry Advisory Corporation (MIAC) has been the preferred destination for mortgage industry participants. In addition to providing whole loan brokerage services, MIAC provides mortgage asset valuations, secondary market hedge advisory solutions, as well as state-of-the-art behavioral models.
MIAC Analytics™ is the most sophisticated mortgage pricing and risk management software suite available. The MIACAnalytics™ suite now includes MIAC Vision™, an asset-liability solution that applies our MIAC CORE™ behavioral models at the loan level. MIAC CORE™ is a family of asset-level behavioral models that forecast voluntary and involuntary prepayments for residential mortgages, auto loans, credit cards, and unsecured consumer loans. MIAC CORE™ utilizes conditional responses to HPI, CPI, GDP, unemployment rates and mortgage rates. Spanning the analytical spectrum from loan origination to balance sheet risk management, MIAC Analytics™ is the integrated and comprehensive analytical solution for mortgage originators, mortgage servicers, mortgage investors and balance sheet managers.