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:
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
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