By Brendan Teeley, Senior Vice President, Whole Loan Sales & Trading COVID-19 Prior to COVID-19, unemployment was at a 50-year low and inflation was also below the Fed’s target of 2.0%. A significant portion of the U.S. economy closed and remains closed due to COVID-19. Real GDP growth fell during the second quarter by a… Read more »
Recent News
Recent News – Events, Industry News, Press Releases – MIAC Analytics
$1.24 Billion Servicing Offering
Bid Date: 2/18/2021 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 $1.24 billion mortgage servicing portfolio. The portfolio is being offered by a mortgage company that originates loans with a New York concentration. The Seller will be providing… Read more »
$3.8 Million FHA Insured Puerto Rico Whole Loan Sale – 701119
Bid Date: February 12, 2021 5:00 PM EST Mortgage Industry Advisory Corporation (MIAC) is pleased to offer $3.8 million of Seasoned, FHA, and Performing loans from Puerto Rico. The seller is an asset manager that is winding down this fund. This population is being sold All Or None. Investment Opportunity: Collateral Type: Seasoned, FHA,… Read more »
$860.08 Million Servicing Offering
Bid Date: 2/12/2021 12:00 PM EST Mortgage Industry Advisory Corporation (MIAC), as exclusive representative for the Seller, is pleased to offer for your review and consideration a $860.08 million Fannie Mae, Freddie Mac, and FHLB-NY (MPF) mortgage servicing portfolio. The portfolio is being offered by a mortgage company that originates loans with a New… Read more »
$10.1 Million Scratch and Dent Whole Loan Sale – 701113
Bid Date: February 2, 2021 5:00 PM EST Mortgage Industry Advisory Corporation (MIAC) is pleased to offer $10.1 million of Scratch and Dent loans. The seller is a large bank that MIAC has sold for in the past. These loans can be bid for a carve, loan level or for the total pool. Investment Opportunity:… Read more »
$7.4 Million New Origination, Agency S&D Whole Loan Sale – 701103
Mortgage Industry Advisory Corporation (MIAC) is pleased to offer $7.4 million of recent origination, Agency, Scratch and Dent loans. The seller is a bank client of MIAC. These loans can be bid loan level or all or none. Investment Opportunity: Collateral Type: New Origination, Agency, S&D Current UPB: $7,431,322.72 Average UPB: $530,808.77 WAC: 3.079% Loan… Read more »
$21 Million NPL Whole Loan Sale – 601257
Mortgage Industry Advisory Corporation (MIAC) is pleased to offer $21 million of Non-performing loans. The seller is a large non-bank originator. These loans can be bid for a carve, loan level or for the total pool. Investment Opportunity: Collateral Type: NPL, Non-QM Current UPB: $21,397,286.00 Average UPB: $668,621.61 WAC: 6.660% Loan Count: 32 State Concentration… Read more »
$3.9 Million New Origination Fix and Flip Whole Loan Sale – 601263
Mortgage Industry Advisory Corporation (MIAC) is pleased to offer $3.8 million of New Origination Fix and Flip loans. The seller is a privately funded Fix and Flip Lender in the Washington State area. The offer is to purchase the current population, but also engage in future flow arrangements. Production ranges from $5-10mm per month. These… Read more »
$200 Million Bid for Jumbo, Residential Whole Loans – 701107
Buyer is a depository with a New York, Connecticut, and New Jersey footprint. They have engaged MIAC to augment their organic origination with $200mm of jumbo loans. The best prices will be paid for the lower coupon loans. Due to counterparty restrictions the loans must transact servicing released. Requested pool size is $35mm minimum. Requested… Read more »
MIAC Opens New Technology Center in Bethlehem, Pennsylvania
MIAC Announces the opening of their new contemporary facility in historic Bethlehem, Pennsylvania Press Release November 1, 2018 New York, NY – MIAC Analytics™, a leading provider of pricing, risk management and accounting solutions for the mortgage and financial services industries, announced today the opening of the Bethlehem Technology Center (BTC), located at 202 West Fourth… Read more »