$224MM Pool of Fixed & Adjustable-Rate Mortgage Loans Available for Sale
Start 2023’ Off on the Right Foot by Increasing Your Balance Sheet
The SCA Mortgage Exchange, a mortgage banking advisory group is pleased to present an offering of $224MM of residential mortgage loans consisting of 450 Fixed-Rate and Adjustable-Rate mortgages. The breakdown of this pool is as follows:
The WAC is 4.249% with a remaining term (WAM) of 354 months, with an LTV of 73.61% and a DTI Ratio of 34.62. The weighted average FICO Score is 753.
Please note that 97% of this pool is originated within the Massachusetts, Rhode Island.
The pool may be split if interested. Servicing of this package will continue to be retained by the Seller. All bids are based on a Pass-Thru Rate of 3.999 for this pool and are due by 5:00PM on Wednesday, January 18, 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.
