July 29, 2015
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 the community lenders through the Federal Home Loan Banks’ MPF® Program.
MDS assists lenders with selling and securitizing residential whole loans with the GSE’s and Ginnie Mae.
For over 25 years, Mortgage Industry Advisory Corporation (MIAC) has been the preferred destination for sophisticated mortgage industry participants offering transaction execution services, secondary market hedge advisory solutions, third-party mortgage asset valuations, as well as state-of-the-art valuation and risk models incorporating a full range of consumer behavioral risk factors. MIAC Analytics™ is the most sophisticated mortgage pricing and risk management software suite available for mortgage investors, originators, servicers and balance sheet managers. The MIAC Analytics™ suite now includes MIAC Vision™, an asset-liability solution that applies MIAC’s CORE™ behavioral factors at the loan level.
About Mortgage Delivery Specialists (MDS)
Mortgage Delivery Specialists LLC (MDS) is the premier provider of mortgage loan analysis and Agency securitization delivery services. MDS leaders have over 70 years of combined experience in assisting mortgage lenders with their mortgage loan delivery and servicing analysis needs.
For more information contact:
Director – Loan Sale Strategies
MDS – Mortgage Delivery Specialists – Part of the MIAC Group