MountainView Brings $1.25 Billion Servicing Offering to Market

 

Denver (July 16, 2015) – MountainView Servicing Group, a leading provider of residential mortgage servicing rights sales and valuation advisory services, is advising on the sale of a Fannie Mae and Freddie Mac MSR portfolio with $1,245,530,903 of unpaid principal balance. Bids are due on July 22.

Quality features of the portfolio include 100 percent fixed-rate and first lien product, 100 percent retail production, 67 percent purchase originations, a weighted average original credit score of 748, a weighted average original loan-to-value ratio of 80 percent, a weighted average interest rate of 4.03 percent, and low delinquencies.

Top states for the portfolio are Utah (19.6 percent), Arizona (14.5 percent), California (14.4 percent) and Colorado (10.7 percent). The average loan size is $226,625.

MountainView Servicing Group also has a $527 million portfolio of Ginnie Mae MSRs bidding today, as well as a $561 million Ginnie Mae MSR portfolio bidding on July 21.

 

About MountainView Servicing Group

MountainView Servicing Group, a subsidiary of MountainView Capital Holdings, has been a residential mortgage servicing rights sales and valuation advisor since 1989. Today, the company is the #1 provider of MSR valuations, with 692 valuations in the first half of 2015 for 279 active clients, including eight of the 10 largest holders of the MSR asset and 35 of the top 50.* The company also is consistently among the top two advisors for MSR sales (based on number of deals), and advised on 20 deals during the first half of 2015.

*MSR valuation clients within rankings from Top 100 Mortgage Servicers 1Q15, Inside Mortgage Finance, June 19, 2015

 

About MountainView Capital Holdings

For more than 25 years, Denver-based MountainView Capital Holdings has been focusing on the capital markets and financial advisory needs of the financial services industry while specializing in residential mortgage and fixed income assets. With expertise in sales and trading, analytics and asset management, MountainView is uniquely qualified to create value for clients in all market conditions, and the firm is continually building on a longstanding commitment to offer a broad range of services.

 

Media Contact

Troy Rusniak | 303-870-8235 or trusniak@mvcg.com