Interactive Mortgage Advisors, Denver, is offering a $200 million portfolio of GNMA servicing rights, its second bulk MSR deal within two weeks.
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The package of receivables has a weighted average coupon of 5.5%, with delinquencies, including foreclosures, of under 6%.
The product is backed by homes in Massachusetts, New Jersey, and New York. The bid deadline is Dec. 9.
As reported by National Mortgage News the other day, IMA is also selling a selling a $226 million portfolio of bulk Fannie Mae servicing rights.
The sellers of these MSR packages was not revealed.
