Secondary Markets

HMBS float fell again in April as a big payoff total continued to outweigh issuance. With over $985 million in payoffs and a continued drought of new issuance, … more April 2019 Part II: March Backwards continues in April – Payoffs Drive Down HMBS Float

HMBS issuance held steady in April 2019 at just over $567 million. April issuance was consistent with the sharply lower issuance of recent months, despite a few highly … more HMBS April 2019: Silent Spring

Ginnie Mae announced today that investors of Home Equity Conversion Mortgages can now take advantage of a new Platinum securities execution — the HECM Mortgage-Backed Security (HMBS) Platinum … more Ginnie Mae launches HMBS Platinum Product

HMBS float fell again in March as a big payoff total continued to outweigh issuance. With over $950 million in payoffs and a continued drought of new issuance, … more HMBS March 2019 Part II: March Backwards – Big Payoffs Drive Down HMBS Float

After a full year away from #1, AAG recaptured the lead HMBS issuer slot for the first quarter of 2019, with $391 million of issuance for a 23.5% … more 2019Q1 HMBS Issuer League Tables – Look Who’s Back

HMBS issuance held steady in March 2019 at just under $558 million. March issuance was consistent with the sharply lower issuance of recent months, despite one highly seasoned … more March 2019 HMBS Issuance: Groundhog Day in March

HMBS float fell as predicted to less than $55 billion in February as payoffs continue to outweigh falling issuance. Once again with just over $900 million in payoffs, … more February 2019 Part II: HMBS Still Can’t Drive … 55 (Billion)

HMBS issuance fell in February 2019 to just under $491 million, the lowest issuance level in nearly 5 years. February issuance was consistent with the sharply lower issuance … more February 2019: Groundhog Day for HMBS Market – Long Winter Ahead?

Structured Asset Securities Corporation Reverse Mortgage Loan Trust Series 2006-RM1 (“SASCO 2006-RM1”) recently became the fourth SASCO securitization trust of proprietary reverse mortgages to pay off completely. The … more SASCO 2006-RM1: Proprietary Reverse Mortgage Goes Four-for-Four as Winning Streak Continues