December 3, 2015 / Press Release New York, NY – MIAC Analytics™ relaunches Mortgage Industry Medians (MIMs™), a dealer consensus prepayment projection survey, a successor to SIFMA’s Mortgage Prepayment Projection Tables. Mortgage Industry Advisory Corporation (MIAC), provider of financial analytics solutions, relaunches MIMs™, a Wall St. dealer consensus long-term prepayment projection survey, based upon a survey of… Read more »

September 23, 2015 / Press Release New York, NY – Mortgage Industry Advisory Corporation (MIAC) will be featured at this year’s Distressed Residential Mortgage Summit in New York on October 1st, held in the Crowne Plaza – Times Square. Joseph Furlong will moderate a panel on the do’s and don’ts of large loan pool due diligence… Read more »

September 16, 2015  /  Press Release New York, NY- The Mortgage Industry Advisory Corporation (“MIAC”), a leading provider of capital market advisory services and software tools for financial institutions announced today that Ray Webber has joined their team as Senior Vice President, Client Solutions Group. Ray’s diverse background in mortgage lending, mortgage servicing and mortgage insurance… Read more »

August 26, 2015  /  Press Release New York, NY- The Mortgage Industry Advisory Corporation (“MIAC”), a leading provider of capital market advisory services and software tools for financial institutions announced today that Brendan Teeley has joined their team as vice president – whole loan sales/trader.  Mr. Teeley will lead MIAC’s whole loan sales and trading desk…. Read more »

August 18, 2015 Press Release New York, NY – Mortgage Industry Advisory Corporation (MIAC), provider of financial analytics solutions, launches VeriFi™, a comprehensive due diligence software solution for the banking and lending industries. Powered by, MIAC Analytics™, VeriFi™ customizes the loan file review process to the user’s exact specifications and processes a variety of verifications,… Read more »

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 »

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 »

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 »

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 »

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 »