Secondary Markets

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

Outstanding HMBS rose $137 million in December, as lower payoffs were balanced by a strong issuance month, including seasoned new issuance. Payoffs totaled just over $950 million, about … more HMBS December 2019 Part II: Bye Bye (Peak) Buyout

HUD’s December 2019 HECM Endorsement Summary Report shows a total of 2,461 endorsements. Our summary can be found here: NV Endorsement 2019_12 WBWFW. The monthly year-over-year increase is … more HECM Endorsement Analytics – December 2019

AAG kept its frontrunner HMBS issuer position throughout 2019, ending the year with $1.97 billion of issuance and 24% market share. It’s worth noting AAG’s issuance totals are … more 2019 HMBS Issuer League Tables – No Surprises

To provide issuers of HECM Mortgage-Backed Securities with additional guidance related to monthly and annual reporting obligations, Ginnie Mae published its HMBS Investor Reporting Manual. Issuers were notified … more Ginnie Mae Publishes HMBS Investor Reporting Manual

HMBS November 2019 Part II: HMBS Float in Equilibrium at $54 Billion Outstanding HMBS fell by $33 million in November, as lower payoffs were balanced by a strong … more HMBS November 2019 Part II: HMBS Float in Equilibrium at $54 Billion

Outstanding HMBS fell by $180 million in October, as continued strong payoffs outweighed a solid issuance month. Payoffs once again totaled just under $1 billion. Total outstanding HMBS … more HMBS October 2019 Part II: HMBS Float Drops Below $54 Billion

HMBS issuance totaled $642 million in October 2019, as lower rates continued to strengthen new production. 82 pools were issued in October, including about $426 million of new … more Mr. October Comes Through for Team HMBS

Outstanding HMBS fell by $182 million in September, as strong payoffs outweighed a decent issuance month. Payoffs once again totaled just under $1 billion. Total outstanding HMBS fell … more HMBS September 2019 Part II: HMBS Float Falls Again

AAG remains the frontrunner HMBS issuer for the third quarter of 2019, with $1.38 billion of issuance and 23% market share. Note AAG’s totals are all new originations, … more 2019Q3 HMBS Issuer League Tables – Two Can Play That Game