RMS led all HMBS issuers for the first 9 months of 2014 with $1.06 billion of securities for an almost 23% market share. RMS has been the consistent leader of HMBS issuance the last four years though AAG has steadily climbed the rankings to second since receiving Ginnie Mae issuer approval in 2013. AAG has issued $846.3 million in 2014 for an 18.2% market share. AAG was the number one issuer in September with more than $105 million of HMBS issued. Urban, Liberty, and Nationstar rounded out the top 5 with $819.6 million, $572.0 million, and $347.7 million respectively. The top 5 originators issued more than 78% of all HMBS. Live Well Financial climbed to 6th, with $110.1 million of issuance in the 3rd quarter of 2014. Generation Mortgage slipped another notch to seventh, adding just $95.5 million of issuance for the quarter; they were in 4th place for all of 2013. RMF moved up one notch to 8th.
For September a total of $492 million of HMBS were issued, off from August’s $518 million.
New View Advisors compiled this data from publicly available Ginnie Mae data as well as private sources.
