MIAC Perspectives – Summer 2015

Posted in Perspectives, Recent News.

In this issue… MIAC CORE ™ : Non-Agency Loss Model Dr. Glenn Mandigo, SVP, Borrower Analytics Joseph Furlong, SVP, Borrower Analytics The MIAC CORE™ is the name of MIAC’s new class of behavioral models for all asset classes including residential non-agency whole loans/MSRs, residential agency whole loans/MSRs, commercial whole loans, auto loans, credit cards, unsecured consumer… Read more »

MIAC CORE ™ : Non-Agency Loss Model

Posted in Perspectives, Recent News.

Introduction The MIAC CORE™ is the name of MIAC’s new class of behavioral models for all asset classes including residential non-agency whole loans/MSRs, residential agency whole loans/MSRs, commercial whole loans, auto loans, credit cards, unsecured consumer loans, etc. Each of these models has two components – a Voluntary Prepayment Model and a Loss Model. Each… Read more »

Mortgage Servicing Rights Market Update – Q2 2015

Posted in Perspectives, Recent News.

Market Overview The Mortgage Servicing Market experienced a significant drop in the number of discrete bulk transactions for the first half of 2015 versus the first half of 2014. However, due to several large portfolio sales by Non-Banks and other Regional Institutions, the actual UPB that changed hands was larger than the first half of… Read more »

Is the UK Buy-To-Let Sector Resilient to Interest Rate Rise?

Posted in Perspectives, Recent News.

The following article was first published in the Mortgage Finance Gazette in January 2015 and has been brought up to date for MIAC Perspectives. Introduction The Buy-To-Let (BTL) sector has demonstrated material growth as a sub-market of the mortgage industry in the UK.  For potential home owners, buying homes has become a serious challenge from… Read more »

MDS Assists the Federal Home Loan Bank of Chicago with First Ginnie Mae Securitization

Posted in Recent News.

July 29, 2015 Press Release New York, NY- Mortgage Industry Advisory Corporation (MIAC) is pleased to announce that its MDS (Mortgage Delivery Specialists) division provided data validation, data auditing and delivery services to the Federal Home Loan Bank of Chicago for the first securitization with Ginnie Mae. The securities are backed by mortgages originated by… Read more »

Mortgage Industry Advisory Corporation Introduces Broker Dealer, MIAC Capital Markets, LLC

Posted in Recent News.

July 13, 2015 Press Release New York, NY – Mortgage Industry Advisory Corporation (MIAC), a renowned provider of Mortgage Analytics and Risk Management Solutions to the financial industry, announces the formation of its broker dealer subsidiary, MIAC Capital Markets, LLC. MIAC Capital Markets, LLC is a FINRA registered broker dealer specializing in the brokerage of mortgages… Read more »

MIAC Hosts 6th Annual Secondary Market Roundtable

Posted in Recent News.

May 27th, 2015 Press Release New York, NY – On May 17th, preceding the MBA’s National Secondary Market Conference, Mortgage Industry Advisory Corporation (MIAC) hosted its 6th Annual Secondary Market Roundtable – Moving Forward in 2015, in New York, NY. The event was attended by over 100 financial professionals representing originators, servicers and investors. The event… Read more »

MIAC Announces K. Daniel Libby, CFA joins as Senior Vice President

Posted in Recent News.

May 19th, 2015 Press Release – New York, NY – The Mortgage Industry Advisory Corporation (“MIAC”), a leading provider of capital market advisory services and tools for financial institutions and money managers, announced today that K. Daniel Libby, CFA has joined their team as Senior Vice President. Mr. Libby will play a significant role across all… Read more »

MDS Successfully Executes $2 Billion Securitization

Posted in Recent News.

April 21, 2015 Press Release New York, NY – Mortgage Industry Advisory Corporation (MIAC) is pleased to announce that its MDS (Mortgage Delivery Specialists) division successfully executed one of the largest securitizations of seasoned residential mortgage loans with a GSE since the GSEs entered conservatorship. $2,000,000,000 Seasoned Residential Mortgage Loans   MDS acted as the Delivery Agent…. Read more »

MIAC Hosts 6th Annual Secured Financing Conference

Posted in Recent News.

April 8, 2015 Press Release New York, NY – On March 25th – 27th, Mortgage Industry Advisory Corporation (MIAC) hosted its 6th Annual Secured Financing Conference in Orlando. The event was well attended by Secured Finance professionals representing a myriad of banks from across the country. The event featured two days of interactive presentations by MIAC experts… Read more »