Investments Servicing The Ticker

$1.5 billion Fannie Mae bulk mortgage servicing rights portfolio hits market

Features sub-4% weighted average interest rate


Buyers looking to get their hands on some Fannie Mae mortgage servicing rights have that opportunity.

Interactive Mortgage Advisors announced earlier this week that it is acting as the exclusive broker of a $1.5 Billion Fannie Mae bulk residential mortgage servicing rights portfolio.

According to Interactive Mortgage Advisors, the seller is a “well-capitalized, independent, Southwest mortgage banker.”

The portfolio carries a weighted average coupon of 3.981% and has a weighted average loan-to-value ratio of 75.4%.

The underlying loans also have a weighted average FICO score of 750.

According to Interactive Mortgage Advisors, more 60% of the underlying properties are in Texas, with another 16% located in Colorado.

CENLAR is currently the sub-servicer for the loans in the portfolio.

According to IMA, any prospective purchaser must be an approved Fannie Mae servicer or have a structure in place with an approved servicer who can take ownership and service on their behalf.

Bids are due on Thursday, Jan. 14.


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