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Read more: New View Advisors and Recursion Reverse Mortgage Prepayment Indices – November 2025The New View Advisors and Recursion November 2025 expanded HECM reverse mortgage prepayment indices can be found below. The indices are derived from underlying HECM data in HMBS made public by Ginnie Mae, as well as private sources. This expanded set of prepayment data is calculated using dollar principal balance, not unit count. The enhanced…
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Read more: HMBS November 2025 Part IITotal HMBS payoffs in November were 1.6% lower than October; the 1-mo prepayment speed for November was 16.4% per annum compared to October’s 18.0% per annum. Outstanding HMBS decreased $50.4 million to $56.59 billion, the 30th decrease in the last 34 months. The decline in HMBS understates the true story in outstanding HMBS and HECMs…
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Read more: New View Advisors’ Response to HUD RFIDEPARTMENT OF HOUSING AND URBAN DEVELOPMENT Future of the HECM and HMBS Programs and Opportunities for Innovation in Accessing Home Equity Request for Information December 1, 2025 NEW VIEW ADVISORS’ RESPONSE Introduction New View Advisors is pleased to reply to HUD’s Request For Information (“RFI”) regarding its Home Equity Conversion Mortgage (“HECM”) and HECM MBS…
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Read more: HECM Endorsement Analytics – November 2025The November HECM endorsement summary report shows 3,905 endorsements, a two-month total due to the government shutdown. HUD has not released an updated Snapshot Report since June. 2025 appears headed towards a 27,000 unit count year. See our report below.
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Read more: HMBS November 2025: Best Not to Speak Politics or HMBS at Thanksgiving TableHECM Mortgage-Backed Securities (“HMBS”) issuance in November totaled $516 million, $11 million less than October’s $527 million. 62 pools were issued in November, eleven fewer than October. FAR was the top issuer in November with $167 million – an increase of $3 million from October’s $164 million. Issuance from Longbridge was $124 million, down $4…
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Read more: HMBS October 2025 Part IITotal HMBS payoffs in October were almost identical to September; 1-mo prepayment speeds for September and October were both 18.0% per annum. Outstanding HMBS decreased $122 million to $56.6 billion, the 29th decrease in the last 33 months. The decline in HMBS understates the true story in outstanding HMBS and HECMs because negative amortization of…
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Read more: New View Advisors and Recursion Reverse Mortgage Prepayment Indices – October 2025The New View Advisors and Recursion October 2025 expanded HECM reverse mortgage prepayment indices can be found below. The indices are derived from underlying HECM data in HMBS made public by Ginnie Mae, as well as private sources. This expanded set of prepayment data is calculated using dollar principal balance, not unit count. The enhanced…
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Read more: HMBS October 2025: An Oktoberfest Treat (or Trick?) For HMBSHECM Mortgage-Backed Securities (“HMBS”) issuance in October totaled $527 million, $36 million more than September’s $491 million. 73 pools were issued in October, one fewer than September. FAR was the top issuer in October with $164 million – an increase of $13 million from September’s $151 million. Issuance from Longbridge was $128 million, up $14…
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Read more: New View Advisors Announces its New Proprietary Reverse Mortgage Production Index: Monthly Production Tops $200 MillionNew View Advisors is pleased to introduce its new index product, the Proprietary Reverse Mortgage Production Index. The index will be a quarterly index of the dollar amount of newly originated proprietary reverse mortgage loans in the United States.We estimate Proprietary Reverse Mortgage Production for September 2025 at $210 million, 3rd quarter 2025 production at…
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Read more: HMBS September 2025 Part IITotal HMBS payoffs in September were slightly lower than August; the 1-mo prepayment speed for September was 18.0% per annum, compared to August’s 18.2%. Outstanding HMBS decreased $154 million to $56.8 billion, the 28th decrease in the last 32 months. The decline in HMBS understates the true story in outstanding HMBS and HECMs, because negative…