MountainView Servicing Group is marketing a $2.4 billion Fannie Mae mortgage servicing rights portfolio. According to MountainView, the portfolio is made up of 100 percent first-lien loans with an average loan-to-value ratio of 76 percent and an average FICO score of 765.
Read More »MountainView Brings Another Fannie Mae Portfolio to Market
MountainView Servicing Group announced another mortgage servicing rights (MSR) offering on Tuesday, this one a Fannie Mae portfolio valued at $152 million in unpaid principal balance. MountainView's lead advisor on the sale says these kinds of offerings are becoming more commonplace as competition over servicing rights grows within the marketplace.
Read More »MountainView Adds to Senior Management Team
MountainView Capital Holdings, a fixed income capital markets firm specializing in residential mortgage assets, appointed Art Yeend as managing director and head of sales and marketing.
Read More »MountainView Releases Enhanced Comparative SRP Analysis
MountainView Servicing Group, a leading provider of residential mortgage servicing rights (MSRs) sale and valuation advisory services, announced the release of its Enhanced Comparative SRP Analysis for secondary marketing.
Read More »MountainView Manages Sale of MSR Portfolios Totaling $369M
MountainView Servicing Group announced it is managing the sale of two MSR portfolios totaling $369 million. One loan contains $237 million of total unpaid principal balance (UPB) and another $132 million of total UPB.
Read More »MountainView Servicing Group Sells Fannie Mae Servicing Rights
MountainView Servicing Group announced Monday that it completed the sale of three bulk packages of mortgage servicing rights for Fannie Mae loans. The Denver-based subsidiary of MountainView Capital Holdings completed the sale on July 31.
Read More »MountainView Taking Bids on $485M Fannie Mae Servicing Portfolio
MountainView Servicing Group announced Wednesday that it has been retained as the exclusive sale advisor for a $485 million Fannie Mae servicing portfolio. Ninety-nine percent of the portfolio consists of fixed-rate loans, primarily located in Illinois. The delinquency rate of the portfolio is 2.21 percent. MountainView is also marketing a $45 million portfolio of Ginnie Mae servicing rights.
Read More »MountainView Hires Managing Director for Mortgage Sales and Trading
MountainView Capital Holdings has announced the hiring of Robert Wellerstein as a managing director in its mortgage and fixed income sales and trading units. Wellerstein is an industry veteran with a broad range of experience in sales and trading of mortgage loans, mortgage servicing rights, and fixed income securities. He joins MountainView from Banc of Manhattan Capital, after 17 years with Countrywide Securities Corporation.
Read More »MountainView Forms Mortgage Loan and REO Valuation Unit
MountainView Capital Holdings, a provider of financial services for institutions participating in the mortgage and fixed income capital markets, has announced the formation of MountainView Portfolio Analytics, a business unit specializing in valuation of residential whole loans, securitized loans, and REO. The company has been providing valuation services for over 20 years but says it decided to create a separate business unit due to increased market demand.
Read More »Securities Unit of Bankrupt Capmark Lands with MountainView
MountainView Capital Holdings recently announced that it has acquired the fixed income broker-dealer arm of the bankrupt commercial real estate lender Capmark Financial Group. Capmark sold off its North American loan origination and servicing businesses to Berkadia Commercial Mortgage at the end of last year, and its real estate equity advisory subsidiary, Capmark Investments, to Trecap Partners in March 2010.
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