Low Reverse Mortgage Securities Production is the ‘New Normal’

The reverse mortgage industry is currently seeing the effects of the October 2 changes on loan production, and the trend has trickled down into the securities market. Issuers of Home Equity Conversion Mortgage-backed securities (HMBS) saw production of new, original loan pools fall to just $401 million in April, according to the most recent calculation […]

RMF Rises as HMBS Issuers Prepare for Decline

Home Equity Conversion Mortgage-backed securities (HMBS) issuance remained strong in the first quarter of 2018, with Reverse Mortgage Funding taking the top position among issuers with nearly $1.1 billion in total value for the quarter. Yet the industry should prepare for a decline ahead, notes New View Advisors in its quarterly data analysis on HMBS.  […]