MountainView Servicing Group, a subsidiary of MountainView Capital Holdings and a provider of residential mortgage servicing rights (MSRs) transaction and valuation advisory services, is the exclusive sales advisor for a Fannie Mae MSR portfolio with total unpaid principal balance of $2,415,358,187.
MountainView says features of this offering include 100% first-lien and 99.7% fixed-rate product (86% 30-year fixed-rate loans), a weighted average original FICO of 765, a weighted average original loan-to-value of 76%, a weighted average interest rate of 3.69%, and no delinquencies.
The portfolio has an average loan size of $265,833 and a geographic concentration in Washington (75.1%), Oregon (7.6%) and Arizona (6.9%).
Bids for the portfolio are due Feb. 6 at 3:00 p.m. EST.
MountainView Servicing Group notes that it also has a $504 million Fannie Mae servicing portfolio in the market.