While Home Equity Conversion Mortgage-backed securities (HMBS) production fell by 14% in calendar year 2019, the additional origination of proprietary reverse mortgages could make the amount of loans backed by new collateral roughly equal to figures recorded in 2018. Additionally, data indicates that a quarter of new origination dollars come from the proprietary reverse mortgage […]
The production of new Home Equity Conversion Mortgage-backed securities (HMBS) totaled approximately $732 million in November as lower interest rates continue to strengthen new production, with the total issuance figure rising $90 million higher than the one observed in October’s data. This is according to publicly available Ginnie Mae data and private sources compiled by […]
The production of new Home Equity Conversion Mortgage-backed securities (HMBS) totaled approximately $642 million in October as lower interest rates continue to strengthen new production, with the total issuance figure rising $32 million higher than the one observed in September’s data. This is according to publicly available Ginnie Mae data and private sources compiled by […]
A new report aims to provide additional insight into the Home Equity Conversion Mortgage (HECM) marketplace by offering a look at which HECM mortgage-backed securities (HMBS) issuers buy HECM loans from which lenders. The newly-created “Who Buys What From Whom” (WBWFW) report by financial services advisory firm New View Advisors compiles publicly available Government National […]
American Advisors Group (AAG) has retained its leading position as the top issuer of Home Equity Conversion Mortgage-backed securities (HMBS) in Q3 2019, with $1.38 billion of issuance leading to 23% of market share. This is according to publicly available GNMA data and private sources compiled by New View Advisors. The top five issuers are […]
The production of new Home Equity Conversion Mortgage-backed securities (HMBS) totaled approximately $610 million in September as lower interest rates continue to strengthen new production, however the total issuance figure is slightly lower than the one observed in August’s data. This is according to publicly available Ginnie Mae data and private sources compiled by New […]
The production of new Home Equity Conversion Mortgage-backed securities (HMBS) totaled $637 million in August, with lower interest rates strengthening new production. This is according to publicly available GNMA data and private sources compiled by New View Advisors. August saw 93 pools issued, which included approximately $390 million of new unseasoned Home Equity Conversion Mortgage […]
The production of new Home Equity Conversion Mortgage-backed securities (HMBS) fell in June to just over $561 million, which marks the end of the slowest half-year of issuance in five years. This is according to publicly available GNMA data and private sources compiled by New View Advisors. The firm also recorded the top HMBS issuers […]
The production of new Home Equity Conversion Mortgage-backed securities (HMBS) saw a jump in May to just over $855 million, managing to rise above the generally lower issuance levels observed over the course of the past few months. This was primarily due to three highly seasoned pools, according to publicly available GNMA data and private […]
The production of new Home Equity Conversion Mortgage-backed securities (HMBS) remained steady in April at just over $567 million, remaining generally consistent with lower issuance levels observed over the course of the past few months. A few highly-seasoned pools bumped up the final figure, though only by single digits. This is according to publicly available […]
