MountainView Servicing Group LLC is exclusively offering
About $271 million or 56% of the MSRs are HARP servicing rights.
The portfolio has a 3.83% weighted average interest rate when loans with terms outside of 30 years are included. It also has a weighted average Fair Isaac & Co. credit score of 744, a weighted average origination loan-to-value ratio of 92.8%, an average loan balance of $217,280 and “low delinquencies.”
The largest geographic concentration found in the properties backing the loans involved is 80% (California), followed by Oregon (10.2%) and Washington (8.4%).
The package goes up for bid at noon Eastern on Aug. 16.
Between January and June of this year MountainView advised on 48 transactions and valued 491 portfolios for about 250 clients.
