MIAC Analytics is handling the sale of a $624.3 million Fannie Mae mortgage servicing rights portfolio with a concentration in Pennsylvania.
The seller will be providing full representations and warranties for the loans included.
The average loan size is $203,474. The weighted average interest rate is 3.488%. The weighted average loan age is 44 months, MIAC says in a release.
All loans are current. The weighted average FICO score is 759.
Bids are due December 18.
Last week, MIAC announced that it is facilitating the sale of a Fannie Mae, Freddie Mac, Ginnie Mae, and Federal Home Loan Bank mortgage servicing rights portfolio valued at approximately $1.63 billion. Bids for that offering are/were due December 14, 2023.
Photo: Eskay Lim
