MountainView Servicing Group, Denver, is offering a forward bulk servicing package where the seller will deliver $25 million to $50 million a month of Ginnie Mae (I and II) MSRs.
All of the production is backed by the Federal Housing Administration (FHA).
The identity of the seller was not disclosed by the advisory firm. The bid deadline is next week.
MountainView noted that the seller “is open to securitizing on a co-issuance/forward bulk basis all of its $75 million to $80 million of monthly FHA production.”