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
Secondary Markets
HMBS October 2019 Part II: HMBS Float Drops Below $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
Mr. October Comes Through for Team HMBS
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
HMBS September 2019 Part II: HMBS Float Falls Again
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
2019Q3 HMBS Issuer League Tables – Two Can Play That Game
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
HMBS September 2019: Back to School Special
HMBS issuance totaled nearly $610 million in September, as lower rates continued to strengthen new production. 83 pools were issued in September, including about $393 million of new … more HMBS September 2019: Back to School Special
HMBS August 2019: Issuance Does Not Take a Vacation
HMBS issuance totaled $637 million in August, as lower rates strengthened new production. 93 pools were issued in August, including about $390 million of new unseasoned HECM first … more HMBS August 2019: Issuance Does Not Take a Vacation
HMBS July 2019 Part II: HMBS Float Rises
Outstanding HMBS rose by nearly $300 million in July, helped by a large new pool backed by highly seasoned Home Equity Conversion Mortgages (“HECMs”). Payoffs once again totaled … more HMBS July 2019 Part II: HMBS Float Rises
HMBS July 2019: It’s the Time of the Seasoned; Live Well’s Not There
HMBS issuance rose in July 2019 to over $1 billion, helped by a large highly seasoned pool. 83 pools were issued in July, including about $321 million of … more HMBS July 2019: It’s the Time of the Seasoned; Live Well’s Not There
HMBS June 2019 Part II: HMBS Float Resumes Shrinkage
Outstanding HMBS fell by nearly $200 million in June, as low issuance, high payoffs, and an absence of highly seasoned issues took their toll. Payoffs once again totaled … more HMBS June 2019 Part II: HMBS Float Resumes Shrinkage