Residential MSR Market Update – March 2018

Posted in MSR Market Updates, Recent News.

From 1/31/2018 to 2/28/2018, the MIAC GSAs™ Conv_30 Index increased by 2.90% and the GNII_FHA_30 index increased by 4.44%. In larger GSA cohorts, which are actively traded in the MSR market, the Conv30_3.5_2016 cohort increased by 3.16% and GNII_FHA30_3.5_2016 cohort increased by 3.59%. Increasingly, we are seeing CPR’s on Conv30 3.0% coupons leveling off and… Read more »

$92 Million Commercial Whole Loan Sale – 401173

Posted in Recent News, Whole Loan Opportunities.

MIAC Whole Loan Desk Press Release March 1, 2018 New York, NY – Mortgage Industry Advisory Corporation (MIAC) is pleased to offer, a $92 million pool of performing, new origination Commercial loans secured by Multi-Family properties. The loans are being offered on a loan level, carve or All-Or-None basis. These are Full Recourse, Bank originated loans…. Read more »

$39 Million Investor Whole Loan Sale – 401143

Posted in Recent News, Whole Loan Opportunities.

MIAC Whole Loan Desk Press Release February 23, 2018 New York, NY –  Mortgage Industry Advisory Corporation (MIAC) is pleased to offer, as the exclusive agent, a $39 million pool of performing Investor Loans originated by a Non-Bank originator. The loans are being offered on an all-or-none basis, Servicing Retained at a 6.0% Net Interest… Read more »

FINRA 4210: Time to Prepare

Posted in Perspectives, Recent News.

The FINRA Rule 4210, which establishes margin requirements for Covered Agency Transactions, including TBAs, has been a concern of secondary hedgers since the SEC’s approval of it back in June of 2016. After several delays to the effective implementation date, it looks like this latest date of June 25, 2018 just might stick. How does… Read more »

$444.37 Million Servicing Offering

Posted in MSR Offerings, Recent News.

Bid Date: 02/22/2018    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 a $444.37 million Ginnie Mae, Fannie Mae, and Freddie Mac mortgage servicing portfolio. The portfolio is being offered by a mortgage company that originates loans with a California… Read more »

$773.13 Million Servicing Offering

Posted in MSR Offerings, Recent News.

Bid Date: 02/21/2018    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 a $773.13 Million FNMA / FHLMC / GNMA mortgage servicing portfolio. The portfolio is being offered by a mortgage company that originates loans with a New York concentration…. Read more »

Currently Hiring Mortgage Analyst in New York

Posted in Jobs, Recent News.

Mortgage Analyst Company: Mortgage Industry Advisory Corporation (MIAC) Location: New York, NY Please click here to view the application link Overview MIAC is seeking an individual to join the Capital Markets Group to assist in a variety of analytical processes associated with mortgage and other loan assets. The loan risk analysis will be performed on a variety… Read more »

Residential MSR Market Update – February 2018

Posted in MSR Market Updates, Recent News.

From 12/29/2017 to 1/31/2018, the MIAC GSAs™ Conv_30 Index increased by 6.05% and the GNII_FHA_30 index increased by a whopping 15.46%. In larger GSA cohorts, which are actively traded in the MSR market, the Conv30_3.0_2016 cohort increased by 4.15% and GNII_FHA30_3.0_2016 cohort increased by 9.61%. It has been years since any of us have had… Read more »

Residential MSR Market Update – January 2018

Posted in MSR Market Updates, Recent News.

For the Q417, the MIAC GSA Conv_30 Index increased by 7.56% and GNII_FHA_30 index increased by 6.72%.  During Dec 17, the GSA Conv_30 was up modestly 0.6% and GNII_FHA_30 up 0.64%.   In larger GSA cohorts, which are actively traded in the MSR market, the Conv30_3.0_2016 increased by 5.34% and GNII_FHA_30 3.52%.   Part of the price… Read more »

$71 Million Residential RPL First Lien Whole Loan Sale – 401111

Posted in Recent News, Whole Loan Opportunities.

MIAC Whole Loan Desk Press Release January 18, 2018  New York, NY –  Mortgage Industry Advisory Corporation (MIAC) is pleased to offer, as the exclusive agent, a $71 million pool of reperforming residential first lien whole Loans. The loans are being offered on an all-or-none basis and are servicing released. Investment Opportunity Interest Rate Range:… Read more »