MIAC Whole Loan Desk August 8, 2017 / Press Release New York, NY – Mortgage Industry Advisory Corporation (MIAC) is pleased to announce a current whole loan offering of approximately $31mm of first lien, performing residential whole loans. The seller is a regional bank with a desire for a consistent counterparty for a portfolio… Read more »
Recent News
Recent News – Events, Industry News, Press Releases – MIAC Analytics
$616 Million Government Servicing Offering
Bid Date: 7/27/2017 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 $616 Million GNMA mortgage servicing portfolio. The portfolio is being offered by a mortgage company that originates loans with a Texas concentration. The Seller will be providing full… Read more »
MIAC Analytics™ Announces Direct Integration with Fannie Mae’s Pricing and Execution Whole Loan Platform
July 18, 2017 / Press Release New York, NY – MIAC Analytics (MIAC), the leading secondary solutions provider and pipeline risk management firm, announces a new integration with Fannie Mae’s Pricing and Execution Whole LoanTM platform for mandatory cash commitments with its MarketShield® trading platform. Long a leader in providing creative, secondary market solutions, this…
MIAC Whole Loan Desk July 13, 2017 / Press Release New York, NY – Mortgage Industry Advisory Corporation (MIAC) is pleased to announce that its whole loan desk, completed the sale of approximately $52mm of seasoned, first lien HELOCs. The sale consisted of both performing and non-performing mortgages. The seller is a large bank and… Read more »MIAC places $52 Million Seasoned First Lien Whole Loan HELOCs
$73 Million of Ginnie Mae Mortgage Servicing Rights
Bid Date: 6/28/2017 5:00 PM EST Due to the failure of Guaranty Bank (the “Bank”), and the appointment of the Federal Deposit Insurance Corporation as receiver for the Bank (the “FDIC”), the FDIC is proposing to enter into a competitive auction with respect to certain Mortgage Servicing Rights (the “MSRs”) related to Ginnie Mae (“Agency”) pools… Read more »
$439 Million Agency / Government Servicing Offering
Bid Date: 6/8/2017 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 $439 Million FNMA/FHLMC/GNMA mortgage servicing portfolio. The portfolio is being offered by a mortgage company that originates loans with a Florida concentration. The Seller will be providing full… Read more »
$4.3mm Non-Performing Residential Whole Loan Sale – 301658
Seller is a Fund who is liquidating a pool of Residential NPLs that do not match the core strategy of the Fund. Bid Date: TBD $4,319,386.67 Total UPB 44 Units 5.652% WAC Geographically Diverse with a Midwest focus Price Expectations in the 60s of BPO WAA 2012 Find out more Learn more about MIAC Whole Loan Sales &… Read more »
$424mm Small Balance Commercial Whole Loan Sale – 301659
Bid Date: TBD The loans are underwritten to Agency Guidelines $2.4mm AV UPB Office, Retail and Hospitality represent the top three holdings $143mm Fixed Rate $281mm Adjustable Rate 100% Performing 126 AV Remaining Months 4.3886% WAC $239mm AV UPB Pricing to a small Premium 100% California Sold as 90/10 Participation or Securitization Find out more Learn… Read more »
$3.1mm Agency Kick Residential Whole Loan Sale – 301691
Seller is a Large Non-Bank Originator seeking to sell as a loan level, or All Or None Bid. The population consists of Agency Loans kicked by aggregators. Bid Date: 5/19/17 The loans are underwritten to Agency Guidelines Jumbo and Conventional Balances 30 Year FRM WA Age 52 months 4.124% WAC $238,714 AV UPB Pricing at a… Read more »
MIAC Hosts Second CECL Launch Event in Charlotte, NC!
April 28, 2017 / Press Release Charlotte, NC – On April 25th, Mortgage Industry Advisory Corporation (MIAC), hosted the second in a series of private events to launch its CECL process rollout, in uptown Charlotte, NC at “Fahrenheit.” MIAC was joined by its core constituency of clients and strategic partners. Effectively, the FASB has formalized… Read more »