MountainView Offers $305 Million FNMA Servicing Portfolio
Denver (February 8, 2012) – MountainView Servicing Group is the sale advisor on $305 million of bulk mortgage servicing rights for Fannie Mae loans. The MSR portfolio has national geography, 99.7% fixed-rate loans and very low delinquencies. Origination of the mortgages was 60% retail and 40% wholesale.
Bids on the portfolio are requested by February 16, according to Robert Wellerstein, a managing director at MountainView. Mr. Wellerstein said the seller is flexible with sale and transfer dates.
About MountainView Servicing Group
Since 1990, MountainView Servicing Group, a wholly owned subsidiary of MountainView Capital Holdings, has been advising independent mortgage companies, commercial banks, thrifts, credit unions and special servicers on the trading, valuation, and overall management of their residential mortgage servicing rights. In 2011, MountainView Servicing Group advised parties in merger and acquisition transactions involving servicing portfolios of more than $150 billion of total unpaid principal balance. The firm was also the leading provider of MSR valuation advisory services in 2011, valuing 649 portfolios for more than 140 different clients, including 27 of the top 30 servicers.
About MountainView Capital Holdings
Headquartered in Denver, MountainView Capital Holdings is a financial services firm focused on the diverse needs of participants in the mortgage and fixed income capital markets. With expertise in asset management, valuation, risk management, trading, marketing and sales, MountainView is uniquely qualified to create value in all market conditions, and the firm continues to build on a longstanding commitment to offer a broad range of services.
Media Contact
Troy Rusniak | 303-870-8235 or trusniak@mvcg.com