Saturday, December 10, 2011

MIAC Brokering Another Servicing Portfolio

New York-based MIAC (Mortgage Industry Advisory Corp.) through its Client Solutions Group, is the exclusive broker for another servicing portfolio, this time a $133 Million GNMA Multifamily Servicing Portfolio.

The portfolio is being offered by a National Commercial Real Estate lender. The underlying loans in the portfolio have the following characteristics, according to the company:
  • 100% GNMA Fixed Rate loans
  • $14.7 million Average Loan Size
  • Weighted average interest rate of 4.58%
  • 100% retail originations
  • Weighted average loan Age: 9 months
The bid date for the portfolio is December 21, 2011. Interested parties can sign up to review the portfolio details at www.MIACAnalytics.com or contact Dan Thomas, Managing Director, at (212) 233-1250 Ext. 240 or Rob Fear, Director at (212) 233-1250 Ext. 230.

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