HMBS Pool Level Prepayment Speeds – August 2014

As of August 31, 2014, $48.7 billion of HMBS are outstanding, representing a growth in supply of $240 million over July.  Life to date issuance of HMBS now totals $52.8 billion.  The August 2014 HMBS pool level 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.