Judge throws out Fannie and Freddie investors’ lawsuit

More signs of a sliding housing market

Affordability has issues, too

Fannie: Millennial housing demand declines further

Fall comes even as housing affordability for young improves
W S
Investments

Another Fannie MSR pool up for sale

MountainView Servicing is the exclusive broker

Fannie-Mae.jpg
/ Print / Reprints /
| Share More
/ Text Size+

A second pool of Fannie Mae mortgage servicing rights is going on sale.

Earlier today, Interactive Mortgage Advisors announced it would be the exclusive broker on the sale of $714 million Fannie bulk residential mortgage servicing rights.

For the latest offering, MountainView Servicing Group will also offer $486 million in Fannie Mae MSRs.

The servicing rights are for fixed-rate, first lien retail mortgages.

$271 million is HARP servicing.

The mortgages also have a weighted average original FICO of 744 and interest rates below 4%.

Loan-to-value is above 90%, with an average an average balance of $217,280.

More than 80% of the properties are located in California, with Oregon and Washington holding the remaining homes.

Recent Articles by Jacob Gaffney

Comments powered by Disqus