HMBS Pool Level Prepayment Speeds – July 2014

As of July 31, 2014, $48.46 billion of HMBS are outstanding, representing a growth in supply of $224 million over June.  Life to date issuance of HMBS now totals $52.3 billion.  The July 2014 pool level HMBS prepayment report can be found here.

HMBS are Ginnie Mae guaranteed pass-through securities backed by pools of participations of HECMs, which are FHA-insured reverse mortgages.

New View Advisors compiled this data using publicly available Ginnie Mae sources.

Customized reports are available by subscription.