MIAC Offering R10808

$169M residential MSR portfolio Offering - R10808
Aug 11th, 2008.

MIAC Asset Sales Group, as exclusive broker, is pleased to offer for your review and consideration, a $169 million FHLMC, FHLB and FNMA residential mortgage servicing portfolio. The portfolio is being offered by a western states financial institution with a excellent counterparty risk profile and strong financials.

The Portfolio has several attractive characteristics including:

• 99% Fixed Rate loans
• $98,274 Average Loan Size
• Weighted average interest rate of 5.97%
• 100% retail originations
• 100% Idaho loans
• Total delinquency ratio of 1.34%

Download further information in PDF.

Bid date is August 25, 2008

Please let me know whether this potential acquisition makes sense for you at this time.

Best Regards,

Dan


Daniel Thomas
Managing Director, Asset Sales Group
Mortgage Industry Advisory Corporation (MIAC)
80 Maiden Lane, Suite 1401
New York, NY 10038

TEL: (212) 233-1250 x 240 (w)
FAX: (212) 233-2265
CELL: (917) 660-1250
www.MIACAnalytics.com