Outstanding HMBS fell by $15 million in June, as payoffs rose and issuance remained strong. Payoffs totaled approximately $927 million, consistent with average monthly payoffs over the last … more HMBS June 2020 Part II: HMBS Float Remains in Equilibrium Just Above $54 Billion
Secondary Markets
HMBS May 2020 Part II: Float Remains in Equilibrium Just Above $54 Billion
Outstanding HMBS rose $150 million in May, as payoffs fell and issuance remained strong. Payoffs totaled approximately $770 million, down about $20 million from last month. Total outstanding … more HMBS May 2020 Part II: Float Remains in Equilibrium Just Above $54 Billion
HMBS May 2020: May Production Blossoms
HMBS issuance totaled $767 million in May 2020, with strong new production leading the way. Beginning in March, the Coronavirus pandemic took its toll on the capital markets, … more HMBS May 2020: May Production Blossoms
HMBS April 2020 Part II: Float Remains in Equilibrium Just Above $54 Billion
Outstanding HMBS rose by $185 million in April, as payoffs fell and issuance rose. Payoffs totaled approximately $800 million, down $50 million from last month. For several months, … more HMBS April 2020 Part II: Float Remains in Equilibrium Just Above $54 Billion
HMBS April 2020: All Hail Tail Sales! April May be August Occasion or Slow March to Recovery
HMBS issuance totaled $813 million in April 2020, with a recovery in tail pools leading the way. Beginning in March, the Coronavirus pandemic took its toll on the … more HMBS April 2020: All Hail Tail Sales! April May be August Occasion or Slow March to Recovery
New View Advisors Reverse Mortgage Draw Index March 2020: Dog Days Bite, but Don’t Bark
HMBS investors and issuers feared big draws in March. They worried that the widening crisis would panic reverse mortgage borrowers into a “run on the bank” mentality resulting … more New View Advisors Reverse Mortgage Draw Index March 2020: Dog Days Bite, but Don’t Bark
HMBS March 2020 Part II: Float Remains in Equilibrium Just Above $54 Billion
Outstanding HMBS fell by $61 million in March, as payoffs rose and issuance fell. Payoffs totaled approximately $860 million, up $45 million from last month. Total outstanding HMBS … more HMBS March 2020 Part II: Float Remains in Equilibrium Just Above $54 Billion
2020 Q1 HMBS Issuer League Tables – AAG Extends Its Lead
AAG increased its lead in 2020Q1 HMBS issuer rankings, with $586.6 million of issuance and 28% market share. FAR moved up two places to second, with $412.6 million … more 2020 Q1 HMBS Issuer League Tables – AAG Extends Its Lead
HMBS February 2020 Part II: HMBS Float Remains in Equilibrium Just Above $54 Billion
Outstanding HMBS rose by $72 million in February, as lower payoffs were once again balanced by a strong issuance month. Payoffs totaled approximately $800 million, down about $100 … more HMBS February 2020 Part II: HMBS Float Remains in Equilibrium Just Above $54 Billion
HMBS January 2020 Part II: HMBS Float Remains in Equilibrium Just Above $54 Billion
Outstanding HMBS rose by $15 million in January, as lower payoffs were balanced by a strong issuance month, including seasoned new issuance. Payoffs totaled approximately $900 million, down … more HMBS January 2020 Part II: HMBS Float Remains in Equilibrium Just Above $54 Billion