By Dick Kazarian, Managing Director, Borrower Analytics Group As noted in our Market Overview, the FHFA has announced significant changes to the LLPAs for Second Homes effective April 1, 2022. In this article, we take a closer look at the impact of Occupancy type within our CORE™ Agency model, with a focus on Second Homes…. Read more »
Recent News
Recent News – Events, Industry News, Press Releases – MIAC Analytics
MIAC Perspectives – Winter 2022
In this issue… Market Overview Dick Kazarian, Managing Director, Borrower Analytics Group This Market Overview provides an overview of rates, prepayments, credit, housing markets, policy updates, and other topics of broad interest to mortgage market participants. Topics include: Mortgage Rates and Spreads, Prepayment changes from our MIMs Survey, MIMs Contributor Dispersion, and Policy News. Read more…… Read more »
$6.23 Billion Servicing Offering
Bid Date: 1/20/2022 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 $6.23 billion Fannie Mae, Freddie Mac, and Ginnie Mae mortgage servicing portfolio. The portfolio is being offered by a mortgage company that originates loans with a California… Read more »
$223 Million FHA Insured EBO Whole Loan Sale – 701175
Mortgage Industry Advisory Corporation (MIAC) is pleased to announce the successful settlement of $223 million of Seasoned, GNMA Non-Performing Whole loans. The seller was a large non-bank originator with a national footprint. The loans are being sold Service Released. Investment Opportunity: Collateral Type: Insured, Non-Performing, GNMA − FHA 70% − VA 27% − USDA 3%… Read more »
MIAC Perspectives – Fall 2021
In this issue… Update on Market Rates and Prepayments Dick Kazarian, Managing Director, Borrower Analytics Group Year to date, primary rates have backed up 40 bps while secondary rates have increased 67 bps. This means that the primary/secondary spread narrowed by 26 bps. This primary/secondary (P/CC) spread is driven by numerous factors, including g-fees, servicing… Read more »
$57 Million Scratch and Dent Whole Loan Sale – 701165
Bid Date: August 19, 2021 5:00 PM EST Mortgage Industry Advisory Corporation (MIAC) is pleased to offer $57 mm of non-bank originated, scratch and dent loans. Investment Opportunity: Current UPB: $57,056,023 Average UPB: $310,087 WAC: 3.683% Loan Count: 184 Find out more Learn more about MIAC Whole Loan Sales & Brokerage Contact For more information about… Read more »
MIAC Perspectives – Summer 2021
In this issue… Residential MSR Market Update – July 2021 Mike Carnes, Managing Director, MSR Valuations Group Over the month of June, primary mortgage rates were mostly flat, while the CMS curve flattened significantly – with 2-year CMS rates backing up 10 BPs and 10-year CMS rates falling 15 BPs. During the same time period,… Read more »
MIAC Moves to New NYC Headquarters
New Office Location We’ve Moved! Exciting things are happening at MIAC Analytics, and we want to share some important news with you. Loyalty from customers like you has fueled continued growth, making a move to a new facility necessary. To serve you better, we are moving to a new space in NYC, just a few… Read more »
$2.73 Billion Servicing Offering
Bid Date: 5/06/2021 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 $2.73 billion Fannie Mae, Ginnie Mae, and Freddie Mac mortgage servicing portfolio. This portfolio is being offered by a mortgage company that originates loans with a Texas… Read more »
$280 Million Non-QM Whole Loan Sale – 701141
Bid Date: April 23, 2021 5:00 PM EST Mortgage Industry Advisory Corporation (MIAC) is pleased to offer $280 million of GNMA EBO loans. The seller is a large non-bank. Investment Opportunity: Collateral Type: GNMA EBOs Current UPB: $280,246,651.02 Average UPB: $164,657.26 WAC: 4.050% Loan Count: 1702 Find out more Learn more about MIAC Whole Loan… Read more »