{"id":1348,"date":"2019-04-08T17:45:12","date_gmt":"2019-04-08T21:45:12","guid":{"rendered":"https:\/\/www.newviewadvisors.com\/commentary\/?p=1348"},"modified":"2019-04-08T17:50:49","modified_gmt":"2019-04-08T21:50:49","slug":"2019q1-hmbs-issuer-league-tables-look-whos-back","status":"publish","type":"post","link":"https:\/\/newviewadvisors.com\/commentaries\/2019\/04\/08\/2019q1-hmbs-issuer-league-tables-look-whos-back\/","title":{"rendered":"2019Q1 HMBS Issuer League Tables \u2013 Look Who\u2019s Back"},"content":{"rendered":"

After a full year away from #1, AAG recaptured the lead HMBS issuer slot for the first quarter of 2019, with $391 million of issuance for a 23.5% market share. \u00a0RMF was second, with $323.5 million issued and 19.5% market share, and FAR remained in third with $244 million issued and 14.7% market share. \u00a0Ocwen Loan Servicing and Nationstar round out the top five issuers.\u00a0 Ocwen issued $210.6 million for a 12.7% market share, and Nationstar was fifth with $142.7 million and 8.6% market share. \u00a0These five issuers accounted for approximately 79% of all issuance, down from 2018\u2019s record 92%. There were 15 active HMBS issuers during the quarter, including first-time issuer Synergy One Lending, now owned by Mutual of Omaha.<\/p>\n

2019Q1 saw only $1.67 billion of HMBS issued, a 44% decline from one year ago, and an almost five-year quarterly low.\u00a0 For comparison, total HMBS issuance volume in the first quarter of 2018 equaled $2.97 billion.\u00a0 As previously noted, unless highly seasoned pool issuance makes a meaningful and lasting return, expect lower HMBS issuance volume going forward.<\/p>\n

New View Advisors compiled these rankings from publicly available Ginnie Mae data as well as private sources.<\/p>\n

\"\"<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

After a full year away from #1, AAG recaptured the lead HMBS issuer slot for the first quarter of 2019, with $391 million of issuance for a 23.5% market share. \u00a0RMF was second, with $323.5 million issued and 19.5% market share, and FAR remained in third with $244 million issued and 14.7% market share. \u00a0Ocwen […]<\/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-1348","post","type-post","status-publish","format-standard","hentry","category-hmbs"],"_links":{"self":[{"href":"https:\/\/newviewadvisors.com\/commentaries\/wp-json\/wp\/v2\/posts\/1348","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=1348"}],"version-history":[{"count":3,"href":"https:\/\/newviewadvisors.com\/commentaries\/wp-json\/wp\/v2\/posts\/1348\/revisions"}],"predecessor-version":[{"id":1352,"href":"https:\/\/newviewadvisors.com\/commentaries\/wp-json\/wp\/v2\/posts\/1348\/revisions\/1352"}],"wp:attachment":[{"href":"https:\/\/newviewadvisors.com\/commentaries\/wp-json\/wp\/v2\/media?parent=1348"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newviewadvisors.com\/commentaries\/wp-json\/wp\/v2\/categories?post=1348"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newviewadvisors.com\/commentaries\/wp-json\/wp\/v2\/tags?post=1348"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}