Advisory and brokerage firm Prestwick Mortgage Group is out with three new mortgage-servicing rights (MSR) offerings for agency loan pools valued in total at $2.6 billion.
One of those MSR offerings involves a Ginnie Mae loan pool of 7,591 mortgages with valued at $2 billion based on the unpaid principal balance. The package is being marketed with Prestwick’s strategic partner, San Diego-based Mortgage Capital Trading (MCT) on behalf of an “independent mortgage banker.”
The average note rate for the loan pool is 3.7%, with an average servicing fee of 0.3693%, the MSR bid documents show. The average delinquency rate for the loans in the pool stands details ⇒
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