{"id":1076,"date":"2017-04-17T13:16:06","date_gmt":"2017-04-17T17:16:06","guid":{"rendered":"http:\/\/newviewadvisors.com\/commentary\/?p=1076"},"modified":"2017-04-17T13:34:46","modified_gmt":"2017-04-17T17:34:46","slug":"hmbs-issuer-rankings-2017q1-aag-back-as-number-1","status":"publish","type":"post","link":"https:\/\/newviewadvisors.com\/commentaries\/2017\/04\/17\/hmbs-issuer-rankings-2017q1-aag-back-as-number-1\/","title":{"rendered":"HMBS Issuer Rankings 2017Q1 \u2013 AAG Back as Number 1"},"content":{"rendered":"<p>AAG returned as the #1 HMBS Issuer for the first quarter of 2017, issuing $538.6 million of securities for a 23.3% market share, well ahead of Finance of America Reverse\u2019s $388.5 million and 16.8% market share. Reverse Mortgage Funding slipped to third for the quarter with $364.4 million issued and 15.8% market share. Ocwen Loan Servicing and Nationstar round out the top five issuers. Ocwen issued $306.7 million for a 13.3% market share, and Nationstar was fifth with $237.9 million issued for a 10.3% market share. Live Well Financial remained in 6th place for the quarter. The top five issuers accounted for 79.6% of all issuance, down slightly from last quarter\u2019s 80.8%. There were no new HMBS issuers in the first quarter of 2017.<\/p>\n<p>Despite the much-reported slowdown in HECM endorsements, HMBS issuance remains robust, aided by growth in tail issuance and without highly seasoned pools. Issuance volume totaled $2.308 billion for 2017Q1, on pace with 2016\u2019s full year production of $9.187 billion. 2010 was the record year for HMBS with $10.7 billion of securities issued.<\/p>\n<p>New View Advisors compiled this data from publicly available Ginnie Mae data as well as private sources.<\/p>\n<p><a href=\"http:\/\/newviewadvisors.com\/commentary\/wp-content\/uploads\/2017\/04\/HMBS-Rankings-2017Q1.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-1081\" src=\"http:\/\/newviewadvisors.com\/commentary\/wp-content\/uploads\/2017\/04\/HMBS-Rankings-2017Q1.png\" alt=\"\" width=\"508\" height=\"366\" srcset=\"https:\/\/newviewadvisors.com\/commentaries\/wp-content\/uploads\/2017\/04\/HMBS-Rankings-2017Q1.png 1088w, https:\/\/newviewadvisors.com\/commentaries\/wp-content\/uploads\/2017\/04\/HMBS-Rankings-2017Q1-300x216.png 300w, https:\/\/newviewadvisors.com\/commentaries\/wp-content\/uploads\/2017\/04\/HMBS-Rankings-2017Q1-768x553.png 768w, https:\/\/newviewadvisors.com\/commentaries\/wp-content\/uploads\/2017\/04\/HMBS-Rankings-2017Q1-1024x738.png 1024w\" sizes=\"auto, (max-width: 508px) 100vw, 508px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>AAG returned as the #1 HMBS Issuer for the first quarter of 2017, issuing $538.6 million of securities for a 23.3% market share, well ahead of Finance of America Reverse\u2019s $388.5 million and 16.8% market share. Reverse Mortgage Funding slipped to third for the quarter with $364.4 million issued and 15.8% market share. Ocwen Loan [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-1076","post","type-post","status-publish","format-standard","hentry","category-hmbs"],"_links":{"self":[{"href":"https:\/\/newviewadvisors.com\/commentaries\/wp-json\/wp\/v2\/posts\/1076","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newviewadvisors.com\/commentaries\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newviewadvisors.com\/commentaries\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newviewadvisors.com\/commentaries\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newviewadvisors.com\/commentaries\/wp-json\/wp\/v2\/comments?post=1076"}],"version-history":[{"count":6,"href":"https:\/\/newviewadvisors.com\/commentaries\/wp-json\/wp\/v2\/posts\/1076\/revisions"}],"predecessor-version":[{"id":1094,"href":"https:\/\/newviewadvisors.com\/commentaries\/wp-json\/wp\/v2\/posts\/1076\/revisions\/1094"}],"wp:attachment":[{"href":"https:\/\/newviewadvisors.com\/commentaries\/wp-json\/wp\/v2\/media?parent=1076"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newviewadvisors.com\/commentaries\/wp-json\/wp\/v2\/categories?post=1076"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newviewadvisors.com\/commentaries\/wp-json\/wp\/v2\/tags?post=1076"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}