Bid Date: 06/21/2018    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 $366.92 million Fannie Mae, and Freddie Mac mortgage servicing portfolio. The portfolio is being offered by a mortgage company that originates loans with a New England concentration…. Read more »

Bid Date: 06/20/2018    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 $774.8 million Fannie Mae, and Freddie Mac mortgage servicing portfolio. The portfolio is being offered by a mortgage company that originates loans with a California concentration. The… Read more »

Bid Date: 06/18/2018    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 $1.27 billion Ginnie Mae, Fannie Mae, and Freddie Mac mortgage servicing portfolio. The portfolio is being offered by a mortgage company that originates loans with a West… Read more »

Press Release June 6, 2018 New York, NY – Mortgage Industry Advisory Corporation (MIAC), a provider of financial analytics solutions, launches the newest version of its due diligence software platform, VeriFi™ 3.0. VeriFi™ 3.0 provides users the flexibility to customize for specific review requirements regardless of loan asset type. Adjustments can be made during the… Posted in Recent News.

Over the last month, the MIAC GSAs™ (Generic Servicing Assets) Conv_30 Index increased by 3.53% and the GNII_FHA_30 index increased by 4.91%. In larger GSA cohorts which are actively traded in the MSR market, the Conv30_3.5_2016 and GNII_FHA30_3.5_2016 cohorts respectively increased by 3.70% and 3.91%. After a slight hiccup in March, expectations for rising rates… Read more »

Bid Date: 05/17/2018    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 $2.24 Billion Ginnie Mae, Fannie Mae, and Freddie Mac mortgage servicing portfolio. The portfolio is being offered by a mortgage company that originates loans with a National… Read more »

Bid Date: 05/09/2018    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 $74 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 Utah… Read more »

Over the last month, the MIAC GSAs™ (Generic Servicing Asset) Conv_30 Index decreased by 1.02% and the GNII_FHA_30 index decreased by 2.47%.  In larger GSA cohorts which are actively traded in the MSR market, the Conv30_3.5_2016 cohort decreased by 1.51% and the GNII_FHA30_3.5_2016 cohort decreased by 2.21%. The good news is that the March hiccup… Read more »

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 »

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 »