Saturday, January 27, 2007

MIAC: In a new home

Mortgage Industry Advisory Corp. has moved into its new offices at 80 Maiden Lane in New York City's financial district. After being housed just a few blocks away on John Street for nearly two decades, the company will be moving into larger offices with many more technological bells and whistles.

MIAC Principal Bob Husted said the new offices will facilitate more effective communication, both internally among MIAC developers and advisors, and externally with clients. A new Help Desk is part of the new facility, with 24/7 support, larger internal client training rooms and more space for the firms 40+ employees.

MIAC offers a full suite of analytical software that mortgage bankers and secondary market players use to simulate cash flows, analyze risk and make effective hedges. The firm also acts in an advisory capacity, brokering the sale of mortgage-related assets and providing third-party mark to market valuations of the entire range of these assets.

The company will begin operating out of the new offices on Monday.

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