$28.6MM Re-Performing Loan Pool Offered through MountainView

 

Denver (March 19, 2015) – MountainView Capital Group, a residential whole loan sales advisor, today announces its role as exclusive advisor for the sale of a re-performing 1st lien pool with $28.6 million of total balance. The offering’s bid date is March 26.

Pool characteristics include 115 loans, a weighted average coupon of 5.15 percent, an average balance of $248,925, an average property value of $300,067, a weighted average current loan-to-value ratio of 89.5 percent, a weighted average original term of 385 months, and a weighted average age of 69 months.

Top states for the pool, based on loan count, are California (80 percent), Arizona (9 percent) and Texas (4 percent). Top cities are Los Angeles (8 percent), Bakersfield (3 percent) and Las Vegas (3 percent).

“The coupon, LTV, loan balance, and geography profile make this pool attractive to many investors who are deploying capital in the re-performing space,” said Jonas Roth, managing director at MountainView Capital Group. “There continues to be strong demand in re-performing loans and we expect this pool to attract a great deal of interest.”

 

About MountainView Capital Group

MountainView Capital Group, a wholly owned subsidiary of MountainView Capital Holdings, has provided residential whole loan sales advisory services since 1993 and additionally sources assets for the MountainView Mortgage Opportunities Funds. In 2014, the company reviewed 1,111 deals with total balance of $31 billion and closed 338 deals involving $1.4 billion of total balance.

 

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