Secondary Markets

HMBS issuance was strong overall in July 2015, with record “Tail” issuance partially compensating for a decline in origination and securitization of HMBS backed by new HECM loans. … more Tail of Two Securities: HMBS Issuance Trends Diverge

HMBS issuers created $845 million in new HMBS pools during June 2015, the second largest HMBS issuance since November 2013, down $29 million from May but substantially higher … more Strong HMBS Issuance Continues in June

AAG, which started its HMBS program just two years ago this month, is the leading HMBS issuer for the first half of 2015. After more than 5 years … more HMBS Issuer 2015 First Half League Tables – AAG Overtakes RMS

HREMIC issuance for the first six months of 2015 was $4.27 billion, or 85% of 2014’s full year $5.05 billion. There were 15 transactions underwritten by three sponsors, … more HREMIC Issuance 2015 First Half – Nomura Eclipses BAML for #1

Included in this section is Chapter 35 of the GNMA Issuer Guide, which pertains specifically to the HMBS program, and Issuer Requirements if you are not one already.

HMBS issuers created $798 million in new HMBS pools during April 2015, the largest HMBS issuance since December 2013, up from $660 million in March, and substantially higher … more HMBS Issuance Strong in April 2015 But Challenges Loom

First quarter issuance in 2015 was just over $2 billion, 17% higher than the $1.7 billion issued in the first quarter of 2014, and marks the highest quarterly … more HMBS exceeds $2 billion in Q1 2015

HMBS issuers sold $635 million in new pools during February 2015, the third highest total since December 2013. Issuance was down from the $712 million in January but … more HMBS Maintains Healthy Clip in February

HMBS issuers sold $712 million in new pools during January 2015, the highest total since December 2013.

Starting April 1, HMBS issuers must document Eligible Non-Borrowing Spouses and property charge set-asides at the time of pooling, according to All Participants Memorandum 15-01.