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Free News Articles Home Business Free News Articles MorVest Capital Offering $1.8B in GNMA Mortgage Servicing Rights MorVest Capital Offering $1.8B in GNMA Mortgage Servicing Rights
SUGAR LAND Phillip Lindsay Jersey , Texas -- MorVest Capital, an industry leader in liquidity and balance sheet advisory services, is the exclusive agent for a $1.8 billion GNMA bulk mortgage servicing portfolio. The seller is an independent mortgage banker providing full reps and warrants. Portfolio characteristics include a 3.45 percent weighted average interest rate, 20 bp net service fee, an average balance of $183 Joe Flacco Jersey ,117 and a weighted average age of 24 months.

MorVest CEO David Fleig noted the seller is willing to entertain offers for the entire portfolio or a $1.4B alternate portfolio as indicated in the prospectus.

The bid deadline is 5 p.m. CT Tuesday September 18, 2018. Loan level data will be furnished only under an NDA.

About MorVest Capital:

MorVest Capital is a financial services advisory firm specializing in liquidity and capital solutions for mortgage bankers, including MSR accumulation, valuation, finance and brokerage. Collaborating to provide the first MSR financing facility following the meltdown Von Miller Jersey , MorVest executives demonstrate keen awareness of unique market shifts and opportunities to turn good decisions into very profitable ones.

MorVest Analytics, a division of MorVest Capital, is a premier MSR analytics and valuation service provider with dozens of banks and IMB clients ranging from small players new to the space to the some of the largest companies in the industry.

For more information go to https:www.morvestcaptrades or email team@morvestcap.


Related link: https:www.morvestcap


This news story was published by the Neotrope® News Network - all rights reserved.


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