HW Media connects and informs decision makers across the housing economy. Professionals rely on HW Media for breaking news, reporting, and industry data and rankings. Moving the Housing Market Forward.
GNMANewsReverse Mortgage

Ginnie Mae Reverse Mortgage HMBS on the Upswing in 2012

After seeing a decline in late 2011, Ginnie Mae HMBS issuance is showing a steady rebound into 2012, with the most recently monthly issuance totaling $882 million.

In late 2011, issuance of Ginnie Mae pools had fallen to less than $600 million monthly, with November and December totaling $563 million and $599 million, respectively.

Upon the exits of several large issuers from the industry, there has been some discussion surrounding the volume decline for secondary market investors. New Ginnie Mae-approved lenders such as One Reverse Mortgage and Live Well Financial have indicated they will look to begin issuing in 2012.

Chart: Ginnie Mae 12 months


Ginnie Mae 12 months

Powered By: iCharts | create, share, and embed interactive charts online


Written by Elizabeth Ecker