As of June 30, 2014, $48.24 billion of HMBS are outstanding, representing a growth in supply of just $157 million over May. Life to date issuance of HMBS now totals $51.8 billion. The June 2014 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.
