Pool Level HMBS Prepayment Speeds – June 2014

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.