AAG retains its lead HMBS issuer slot for the second quarter of 2019, with $847.4 million of issuance for a 23.3% market share. RMF stayed in second, with … more 2019Q2 HMBS Issuer League Tables – Very Little Change
Secondary Markets
HMBS May 2019 Part II: Seasoned Issuance Props up Float
Outstanding HMBS rose slightly in May, avoiding further decline thanks to some highly seasoned new issuance. Despite just under $1 billion in payoffs, total outstanding HMBS edged up … more HMBS May 2019 Part II: Seasoned Issuance Props up Float
HMBS: In the Month of May, “Gotta Find Me a Future, Move Out of My Way”
The future of reverse mortgage capital markets provided the theme of last month’s NRMLA Investors Conference in New York. In the month of May, HMBS issuers provided a … more HMBS: In the Month of May, “Gotta Find Me a Future, Move Out of My Way”
Health of the HECM Program Improving
In his keynote address at this week’s Eastern Regional Meeting in New York, Deputy HUD Secretary/Federal Housing Administration Commissioner Brian Montgomery reaffirmed his commitment to making the Home … more Health of the HECM Program Improving
April 2019 Part II: March Backwards continues in April – Payoffs Drive Down HMBS Float
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 April 2019: Silent Spring
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 launches HMBS Platinum Product
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 March 2019 Part II: March Backwards – Big Payoffs Drive Down HMBS Float
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
2019Q1 HMBS Issuer League Tables – Look Who’s Back
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
March 2019 HMBS Issuance: Groundhog Day in March
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