New York, NY – MIAC Principal, Robert N. Husted, today announced that MIAC has obtained an exclusive license to distribute and support the DecisionServ™ product from IPS-Sendero, a business unit of Fiserv, Inc..  Mr. Husted commented, “We are extremely pleased to have the opportunity to serve all the current DecisionServ clients and to be able to offer them the full compliment of MIAC’s software, MSR valuation and risk management solutions.  The DecisionServ product has a market leading position and a loyal following among its users.  With MIAC’s software development and software support resources, we believe the current DecisionServ clients will benefit not only from the future enhancements to the DecisionServ product but also from the full range of MIAC Analytics software products and outsourced solutions.   MIAC Analytics is the software solution of choice for the largest mortgage companies and MIAC is the mortgage industry leading third-party MSR Valuation firm.  With MIAC’s expertise in MSR valuation and risk management, we believe MIAC can offer these DecisionServ clients turnkey and comprehensive MSR solutions.”

With its headquarters in the Wall Street area, MIAC, a registered SEC Investment Advisor, has been the preferred destination for sophisticated mortgage participants since 1989.

MIAC Analytics™ is the most analytically advanced and market accepted mortgage pricing and risk management software system commercially available today.  From loan origination to balance sheet risk management to pricing illiquid subordinate CMOs, MIAC Analytics is an integrated and comprehensive analytical solution for mortgage originators, mortgage servicing owners, and MBS portfolio managers.  No other analytical software provides the SOX compliance, integrated risk management and comprehensive GAAP accounting solutions that MIAC Analytics provides today. MIAC Analytics fully supports accounting and regulatory compliance including SFAS 140, SFAS 156, SFAS 157 and SEC SAB 109.

Nine of the ten largest mortgage servicers in the nation license MIAC Analytics today.

In January 2008, one of the nation’s largest mortgage companies identified the successful implementation of MIAC’s ALM/VAST™ product as one of the most successful projects in the history of their company.   MIAC Analytics is a completely integrated mortgage banking company risk management system with the most advanced term structure models, prepayment models, and mortgage spread models with user controlled risk management processes.
In 2008, MIAC’s Secondary Solutions software suite of DataRaptor®, MarketShield™, WinOAS™, and ALM/VAST™ was increasingly the chosen secondary risk management solution for Prime and Non-Prime originators responding the opportunities in the constantly evolving mortgage market.

MIAC’s Daily GSA™ Pricing Service enables subscribers to download the daily benchmark MSR pricing.
Mr. Husted surmised, “We welcome our new DecisionServ clients and know they will find that MIAC is a firm dedicated to ongoing challenges and opportunities in the mortgage industry.”

For further information on MIAC, please visit www.MIACAnalytics.com.