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Tag Archives: MountainView

MountainView Announces Sale of $2.4B in Fannie Mae MSRs

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.

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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.

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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.

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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.

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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.

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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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