$72.8MM Pool of Manufactured Homes Available for Sale
The SCA Mortgage Exchange, a mortgage banking advisory group is pleased to present an offering of $72.8 MM of residential manufactured homes consisting of consisting of 1216 Loans. The breakdown of the pool is as follows:
The WAC is 5.582% and the WAM is 231.9 with an original term of 247 months and remaining term of 232 months on average. The original LTV is 68.71% and the average FICO Score is 756. There is also a 3-year buyback provision being offered by the Seller.
The package may be divided up, if interested. Servicing of this package will continue to be retained by the Seller. Bids are due by 5:00PM no later than Friday, September 23, 2022.
If you are looking to enhance your balance sheet with mortgage assets and require additional information on this package or other upcoming offerings (Purchase/Sale) that you may be interested in , via the SCA Mortgage Exchange, please contact Bill Dolan, Director at (617) 694-2617 or email at: Wdolan@scapartnering.com