The mortgages are located in Kentucky. The portfolio’s weighted average note rate is 4.102% and the weighted average servicing fee is 25.11 basis points. There are no delinquencies and no bankruptcies but one foreclosure and the average loan balance is $82,542.
All but one of the 115 mortgages are 30 year and 15 year fixed rate loans.
Bids are due on Oct. 17 at 5 p.m.