A mortgage banking firm specializing in U.S. Department of Veterans Affairs (VA) loans is trying to sell $4.5 billion of GNMA-backed mortgage servicing rights through Interactive Mortgage Advisors (IMA), Denver.

Moreover, the firm plans to unload an additional $1 billion of MSRs soon after the initial offering. IMA would not disclose the identity of the seller, but notes in its offering circular that the firm has been in business since 1938 and specializes in VA streamlined refinancings. It describes the seller as “The #1 direct refinance lender having originated $30 billion of VA loans.”

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