Mortgage

$2.7 billion Fannie, Freddie MSR portfolio for sale

MountainView Servicing Group oversees the transaction

MountainView Servicing Group is the advisor for the sale of a Fannie Mae and Freddie Mac mortgage servicing rights portfolio with $2,738,563,642 of total unpaid principal balance.

The portfolio features 100% fixed-rate and first lien product, along with 100% retail production.

It also includes 80% purchase originations, a weighted average original FICO score of 746, a weighted average original loan-to-value ratio of 79% and a weighted average interest rate of 4.51%.

In addition, top states in the portfolio’s nationwide geography are California (17.6%), Arizona (16.4%), Utah (16.4%), and Colorado (9.7%). The portfolio’s average loan size is $207,263.

“Given the portfolio size and the fact that it’s 100% retail and 80% purchase servicing, we expect a large amount of interest,” said Matt Maurer, managing director at MountainView Servicing Group. “We have marketed a lot of portfolios and rarely come across portfolios with this much purchase concentration.”

All bids for the portfolio are due by Dec. 18. 

Most Popular Articles

Fannie Mae, Freddie Mac watchdog prepping for "massive IPO"

The watchdog for Fannie Mae and Freddie Mac is interviewing Wall Street firms to handle a public offering that would dwarf any IPO in history, Fox says.

Dec 09, 2019 By

Latest Articles

This is how inventory declines are impacting Millennial homebuyers

In November, Realtor.com indicates housing supply declined by 9.5% year over year, falling the most in the starter-home segment where homes priced below $200,000 decreased by a whopping 16.5%.

Dec 11, 2019 By
3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please