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Tag Archives: MountainView

Fannie, Ginnie MSR Offering Up for Bidding

A new mortgage servicing rights (MSR) portfolio has hit the market, this one valued at more than $1 billion in unpaid principal balance. According to an announcement from MountainView Servicing Group, which is advising on the sale, the latest offering contains mortgages backed by Fannie Mae and Ginnie Mae, 97 percent of which are fixed-rate and all of which are first-lien loans.

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$2.5B Fannie, Freddie MSR Portfolio Up for Bid

A new $2.5 billion GSE mortgage servicing rights (MSR) portfolio has hit the market. MountainView Servicing Group, acting as exclusive sale advisor to the MSR seller, unveiled the portfolio, which includes both Fannie Mae and Freddie Mac loans. According to MountainView, the portfolio is made up of 94 percent fixed-rate and first-lien product with an average loan size of $226,161.

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$1.1B in Servicing Rights Up for Bid

MountainView Servicing Group announced it is advising the sale of another two mortgage servicing rights (MSR) portfolios, these ones possessing a combined unpaid principal balance of $1.1 billion. The first portfolio, which goes up for bid April 3, is $923 million of Freddie Mac servicing. The second offering unveiled this week is a $205 million Fannie Mae portfolio bidding on April 4.

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MountainView Offering $760M Fannie MSR Portfolio

MountainView Servicing Group, provider of residential mortgage servicing rights (MSR) transaction and valuation advisory services, announced the offering of yet another Fannie Mae portfolio. Possessing an unpaid principal balance of just less than $760 million, the portfolio includes 100 percent fixed-rate and first-lien product, with 89.7 percent 30-year fixed-rate loans. In addition, the portfolio contains $464 million-about 61 percent-Home Affordable Refinance Program (HARP) servicing.

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MountainView Announces $2.4B MSR Offering

MountainView Servicing Group announced the offering of another Fannie Mae mortgage servicing rights (MSR) portfolio, this one with an unpaid principal balance of $2.4 billion. According to MountainView, the portfolio features 100 percent first-lien and 99.7 percent fixed-rate products (with 86 percent 30-year fixed-rate loans) and a weighted average interest rate of 3.69 percent. Bids for the portfolio are due February 6 at 3 p.m. Eastern.

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MountainView Offers $188M Ginnie Mae Servicing Portfolio

MountainView Servicing Group, a subsidiary of MountainView Capital Holdings, announced Monday that it will serve as the exclusive advisor for a $188 million Ginnie Mae servicing portfolio. The portfolio is comprised entirely of fixed-rate mortgage loans, 98.1 percent of which are Federal Housing Administration (FHA) loans, with 99.9 percent retail origination and a weighted average interest rate of 5.95 percent.

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