$2.7 Billion Servicing Portfolio Offered through MountainView

 

Denver (Dec. 12, 2014) – MountainView Servicing Group, a provider of residential mortgage servicing rights transaction and valuation advisory services, today announces its advisory role for the sale of a Fannie Mae and Freddie Mac MSR portfolio with $2,738,563,642 of total unpaid principal balance. Bids for the portfolio are due Dec. 18.

Quality features of this portfolio include 100 percent fixed-rate and first lien product, 100 percent retail production, 80 percent purchase originations, a weighted average original FICO score of 746, a weighted average original loan-to-value ratio of 79 percent, and a weighted average interest rate of 4.51 percent.

Top states in the portfolio’s nationwide geography are California (17.6 percent), Arizona (16.4 percent), Utah (16.4 percent), and Colorado (9.7 percent). The portfolio’s average loan size is $207,263.

“Given the portfolio size and the fact that it’s 100 percent retail and 80 percent purchase servicing, we expect a large amount of interest,” said Matt Maurer, managing director at MountainView Servicing Group. “We have marketed a lot of portfolios and rarely come across portfolios with this much purchase concentration.”

 

About MountainView Servicing Group

MountainView Servicing Group, a subsidiary of MountainView Capital Holdings, has been a residential mortgage servicing rights transaction and valuation advisor since 1989. Today, the company is the #1 provider of MSR valuations and did 564 valuations in the first half of 2014 for 277 clients, including eight of the top 10 holders of MSRs.* The company also had 63 MSR transaction advisory engagements (sell-side and buy-side) in the first half of 2014.

*Top 100 Mortgage Servicers: 1Q14, Inside Mortgage Finance, June 25, 2014

 

About MountainView Capital Holdings

For 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