FASB Proposed Accounting Standards Update, Codification Improvements to Topic 326 (Credit Losses) — This document outlines the proposed update to FASB’s new standards for evaluating credit losses. (8/18) Click here to view FASB’s proposed update Click here to download the PDF Source: FASB Financial Accounting Standards Board   

FASB Proposes Narrow-scope Improvements to Credit Losses Standard – The news release provides information on the proposed updates to the accounting standards regarding credit losses. (8/18) Click here to view this FASB news release Click here to view FASB’s proposed update Source: FASB Financial Accounting Standards Board  

Bid Date: 08/29/2018    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 $105.29 million Fannie Mae, and Freddie Mac mortgage servicing portfolio. The portfolio is being offered by a mortgage company that originates loans with an east coast concentration…. Read more »

Bid Date: 08/9/2018    5:00 PM EST MIAC Client Solutions Group, as the exclusive broker, is pleased to offer for your review and consideration, a $65.98 Million GNMA Multifamily mortgage servicing portfolio. The portfolio is being offered by a National Commercial Real Estate Lender. Key portfolio characteristics include: 100% GNMA Multifamily loans $8.25 million Average Loan Size… Read more »

Over the last month, the MIAC Generic Servicing Assets (GSAs™) Conv_30 Index increased by 1.61% and the GNII_FHA_30 index increased by 0.52%. Conversely, and in observance of benchmark trades, VA assets were down slightly less than 2%. The decline is a reflection of higher potential losses on stressed and/or lower credit VA and VA IRRL… Read more »

Bid Date: 08/14/2018    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 $3.6 billion Ginnie Mae mortgage servicing portfolio. The portfolio is being offered by a mortgage company that originates loans with a national footprint. The Seller will be… Read more »

Bid Date: 08/3/2018    2:00 PM EST Mortgage Industry Advisory Corporation (MIAC), as the exclusive representative for the Seller, is pleased to offer for your review and consideration a $327.30 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 California… Read more »

Bid Date: 07/31/2018    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 $2.1 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: 07/25/2018    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 $182.15 million Fannie Mae, and Freddie Mac mortgage servicing portfolio. The portfolio is being offered by a mortgage company that originates loans with a New Jersey and… Read more »

Over the last month, the MIAC Generic Servicing Asset™, (“GSA™”) Conv_30 Index decreased by 0.79% and the GNII_FHA_30 index decreased by 2.42%. 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 decreased by 2.35% and 1.98%. During the month of May, Conv_30 Index OAS’s took a… Read more »