$249.8M Pool of Fixed and Adjustable Rate Loans Available for Sale
Increase Assets on Your Balance Sheet for 1st Quarter 2023
The SCA Mortgage Exchange, a mortgage banking advisory group is pleased to present an offering of $249.8M pool of residential mortgage loan assets consisting of 496 loans. The breakdown of the pool is as follows:
111 fixed-rate loans with a UPB of $57.5M
385 adjustable rate mortgages with a UPB of $$192.3M
The WAC is 4.33% with a remaining term (WAM) of 353 months along with an original LTV of 75.02% and a DTI Ratio of 35.37%. The average FICO Score is 752.
The pool may be divided up, if interested in minimum increments of $5M. Servicing of this package will continue to be retained by the Seller. All bids based on the Pass-Thru Rate of 4.08% for this pool are due by 5:00PM no later than Thursday, February 16, 2023.
If you are looking to enhance your balance sheet with mortgage assets and require additional information on this package or other upcoming offerings (Purchase/Sell) that you may be interested in through the SCA Mortgage Exchange, please contact Bill Dolan, Director at (617) 694-2617 or email at: Wdolan@scapartnering.com
Disclaimer of Liability and Accuracy of Data
The information contained in this offering is based on data provided by the Seller. Every effort has been made to provide information and data that is current and accurate. Nevertheless, inadvertent errors in information may occur. The information contained in this offering has been supplied to the SCA Mortgage Exchange by the Seller and no warranty or guarantee is expressed or implied, and the Purchaser’s offer to purchase should be subject to its personal examination and due diligence of the Seller. SCA Mortgage Exchange gives no assurance or warranty that information is current and accurate and take no responsibility for matters arising from changed circumstances or other information or material which may affect the accuracy of information in this offering. Seller reserves the right to reject any, and all bids.
