Bid Date: 1/12/2017 5:00 PM EST Mortgage Industry Advisory Corporation (MIAC), as exclusive representative for the Seller, is pleased to offer for your review and consideration a $60 Million Per Month FNMA Concurrent Flow Servicing Offering. The portfolio is being offered by a full-service mortgage banker and one of the largest Realtor-affiliated mortgage companies in the United… Read more »

December 13, 2016  /  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 industry veteran Mike Bugbee has joined their team as Senior Vice President, Client Solutions Group. Mike brings a breadth of skills to the role,… Read more »

201523 Offering Memorandum Seller is a large, non-bank originator whom we have sold for in the past. We are exclusive brokers for this sale. These are agency fall out, performing loans. The full details are available on the tape provided through the NDA. The seller would like to close in 2016. Loan level bids are… Read more »

New York – Mortgage Industry Advisory Corporation (MIAC) is pleased to announce that its Whole Loan Desk, led by Brendan Teeley and Dan Thomas, successfully completed the second Sale of approximately $224mm of Seasoned, First Lien HELOCs.  The sale consisted of both performing as well as non-performing mortgages.  The seller is a large bank and the… Read more »

Bid Date: 08/24/2016 5:00 PM EST $1.5 billion FNMA / FHLMC bulk servicing offering with optional $50 to $100 million per month co-issue Mortgage Industry Advisory Corporation (MIAC), as exclusive representative for the Seller, is pleased to offer for your review and consideration a $1.5 billion FNMA and FHLMC mortgage servicing portfolio with an optional co-issue… Read more »

New York – Mortgage Industry Advisory Corporation (MIAC) is pleased to announce that its whole loan desk successfully placed approximately $100mm of seasoned, first lien HELOC whole loans. MIAC has also been engaged as the exclusive selling agent for an additional $220,000,000 of similar assets. $100,000,000 Seasoned first lien whole loan HELOCs For more information,… Read more »

Mortgage Industry Medians (MIMs™) – MIAC’s dealer consensus prepayment projection survey. New York, NY – Earlier this month, the British electorate voted to leave the European Union, ending 43 years of participation. As markets absorb the news, prepayment issues remain a prominent concern for mortgage market participants. A well-maintained dealer consensus prepayment projection survey can… Read more »

Macro Considerations At a high level, considerations for how to choose 1) a pipeline hedge vendor and 2) the type of engagement with a hedge advisor, are dependent on characteristics of the lending institution, including: Type of institution: i.e. independent mortgage banker, depository Evolutionary stage of the firm: BE to Mandatory conversion? Becoming an agency… Read more »

    By definition a Mortgage Servicing Right, herein referred to as MSR(s), is a contractual agreement where the right, or rights, to service an existing mortgage are sold by the original lender to another party who, for a fee, performs the various functions required to service mortgages. As a servicer, firms are responsible for… Read more »