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Read more: HECM Endorsement Analytics – May 2025HECM endorsements remain near historical lows, with the May unit count at 2,296. See our report below. Year to date, the trailing 12 month total endorsement count has hovered around 28,000 units.
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Read more: HMBS May 2025: Spring Has Not SprungHECM Mortgage-Backed Securities (“HMBS”) issuance in May totaled $544 million, $9 million higher than April’s $535 million. 73 pools were issued in May, eight fewer than in April. FAR was the top issuer in May with $161 million – a decrease of $10 million from April’s $171 million. Issuance from Longbridge was $124 million, the…
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Read more: New View Advisors and Recursion Reverse Mortgage Prepayment Indices – April 2025The New View Advisors and Recursion April 2025 expanded HECM reverse mortgage prepayment indices can be found below. The indices are derived from underlying HECM data in HMBS made public by Ginnie Mae, as well as private sources. This expanded set of prepayment data is calculated using dollar principal balance, not unit count. The enhanced…
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Read more: HMBS April 2025 Part IITotal HMBS payoffs in April increased from March; 1-mo prepayment speeds were 18.5% per annum compared to March’s 18.0% per annum. Outstanding HMBS decreased by $145 million to $57.5 billion – the 23rd decrease in the last 27 months. Finance of America is the issuer of record for $17.8 billion or 30.9 of all outstanding…
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Read more: HECM Endorsement Analytics – April 2025 -
Read more: HMBS April 2025: Tax Day BounceHECM Mortgage-Backed Securities (“HMBS”) issuance in April totaled $535 million, $48 million higher than March’s $487 million. 81 pools were issued in April, eleven more than in March. FAR was the top issuer in April with $171 million – an increase of $20 million from March’s $151 million. Issuance from Longbridge increased to $124 million…
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Read more: HECM Endorsement Analytics – March 2025HECM endorsements are back near historical lows, with unit count down to 2,128, the lowest level since June 2024.
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Read more: New View Advisors and Recursion Reverse Mortgage Prepayment Indices – March 2025The New View Advisors and Recursion March 2025 expanded HECM reverse mortgage prepayment indices can be found below. The indices are derived from underlying HECM data in HMBS made public by Ginnie Mae, as well as private sources. This expanded set of prepayment data is calculated using dollar principal balance, not unit count. The enhanced…
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Read more: HMBS March 2025 Part IITotal HMBS payoffs in March increased from February; 1-mo prepayment speeds were 18.0% per annum compared to February’s 17.3% per annum. Outstanding HMBS decreased by $159 million to $57.6 billion – the 22nd decrease in the last 24 months. Finance of America is issuer of record for $17.8 billion or 30.8% of all outstanding HMBS,…
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Read more: 2025Q1 HMBS Issuer League TablesFAR remains lead HMBS issuer in 2025Q1 with $436 million issued and 28% market share. Longbridge stayed in second, with $357 million issued and 23% market share. PHH and Mutual of Omaha swapped places again for third, with PHH issuing $309 million for a 20% market share, and MOO issuing $281 million for an 18%…