Secondary Markets

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

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

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

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)

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

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 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