The Prestwick Mortgage Group, Alexandria, Va., is brokering the sale of mortgage servicing rights on two servicing portfolios.The first is a $44 million national portfolio of Fannie Mae loans with an 8.56% weighted average note rate and a $45,095 average balance. The portfolio has a 13.80% delinquency rate. The bid deadline is Nov. 16. A second portfolio of $14 million in Fannie Mae of loans from Ohio is also being offered. That portfolio has a 6.403% weighted average note rate, a $78,431 average loan balance, and a 1.68% delinquency rate. Bids are due Nov. 15.
Servicing Portfolios for Sale
November 13, 2007, 3:00 p.m. EST 1 Min Read
