HMBS float grew in October thanks to a large issuance of highly seasoned collateral. Despite over $1 billion in payoffs, HMBS ended the month at $55.5 billion, up … more October 2018 HMBS: Scary Seasonal Mask Hides Market Decline
Secondary Markets
September 2018 HMBS Part II: Market Volume Numbers Fall in Autumn
HMBS float shrank again despite a significant decline in payoffs. Just under $1 billion in payoffs reduced HMBS float to $55.3 billion, down from about $55.5 billion at … more September 2018 HMBS Part II: Market Volume Numbers Fall in Autumn
2018 First Nine Months HMBS Issuer Rankings –Volume Slows
RMF keeps its pole position after the first nine months of 2018, issuing $2.52 billion of HMBS securities for a 33.9% market share, a drop from its commanding … more 2018 First Nine Months HMBS Issuer Rankings –Volume Slows
September 2018 HMBS: Try to Remember That Time in September (of Last Year)
HMBS issuance rose in September 2018 to just over $587 million, a small increase over August, but still one of the lowest issuance months in recent years. No … more September 2018 HMBS: Try to Remember That Time in September (of Last Year)
August 2018 HMBS: Cat Has Eight Lives Left
HMBS issuance rose slightly in August 2018 to just over $579 million, a small increase over July, which was the lowest issuance month in nearly four years. No … more August 2018 HMBS: Cat Has Eight Lives Left
July 2018: HMBS Supply Fades Away With Summer
HMBS issuance fell sharply in July 2018 to just over $542 million, the lowest issuance month in nearly four years. No highly seasoned pools were issued. In all, … more July 2018: HMBS Supply Fades Away With Summer
HMBS June 2018 Part II: Supply Grows Slowly, Despite Large Seasoned Issuance
HMBS supply rose in June by a scant $128 million, despite a large issuance of highly seasoned new pools. We noted in previous blogs that reverse mortgage lenders … more HMBS June 2018 Part II: Supply Grows Slowly, Despite Large Seasoned Issuance
HREMIC Issuance 2018Q2: Remarkable Resilience
HREMIC issuance for the first half of 2018 was $4.91 billion, on pace to nearly match 2016’s record $9.9 billion of securities issued. However, this volume trend is … more HREMIC Issuance 2018Q2: Remarkable Resilience
Seasoned HMBS Boon in June: Issuers Croon Old Tune to Avoid Issuance Swoon
After a tepid May, HMBS issuance rose sharply in June 2018 to over $964 million with the help of more than $356 million in highly seasoned new issuance, … more Seasoned HMBS Boon in June: Issuers Croon Old Tune to Avoid Issuance Swoon
2018 First Half HMBS Issuer Rankings – Seasoned Collateral Rules
RMF remains atop the leaderboard after the first six months of 2018, issuing $2.26 billion of HMBS securities for a 39.6% market share, more than double #2 AAG’s … more 2018 First Half HMBS Issuer Rankings – Seasoned Collateral Rules