{"id":1403,"date":"2019-07-01T19:16:28","date_gmt":"2019-07-01T23:16:28","guid":{"rendered":"https:\/\/www.newviewadvisors.com\/commentary\/?p=1403"},"modified":"2019-07-01T19:16:28","modified_gmt":"2019-07-01T23:16:28","slug":"2019q2-hmbs-issuer-league-tables-very-little-change","status":"publish","type":"post","link":"https:\/\/newviewadvisors.com\/commentaries\/2019\/07\/01\/2019q2-hmbs-issuer-league-tables-very-little-change\/","title":{"rendered":"2019Q2 HMBS Issuer League Tables \u2013 Very Little Change"},"content":{"rendered":"<p>AAG retains its lead HMBS issuer slot for the second quarter of 2019, with $847.4 million of issuance for a 23.3% market share. RMF stayed in second, with $651.7 million issued and 17.9% market share, and FAR held third with $553.8 million issued and 15.19% market share. Longbridge jumped two spots to #4 with $552.2 million and 15.15% market share, and PHH Mortgage Corp, fka Ocwen Loan Servicing, fka Liberty Home Equity Solutions, placed fifth with $425.1 million for a 11.7% market share. These five issuers accounted for more than 83% of all issuance, up 4% from 2019Q1\u2019s 79%. There were 14 active HMBS issuers during the quarter. One-time issuer Synergy One Lending did not issue securities in the quarter.<\/p>\n<p>2019Q2 saw $1.98 billion of HMBS issued, up from 2019Q1\u2019s $1.67 billion, but for the half, industry volume is off 36% from a year ago. Total HMBS issuance in the first six months of 2018 was $5.71 billion. Even with highly seasoned pool issuance, expect lower HMBS issuance volume going forward.<\/p>\n<p>New View Advisors compiled these rankings from publicly available Ginnie Mae data as well as private sources.<\/p>\n<p><a href=\"https:\/\/www.newviewadvisors.com\/commentary\/wp-content\/uploads\/2019\/07\/HMBS-League-Tables-2019Q2.png\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-1407 aligncenter\" src=\"https:\/\/www.newviewadvisors.com\/commentary\/wp-content\/uploads\/2019\/07\/HMBS-League-Tables-2019Q2.png\" alt=\"\" width=\"473\" height=\"301\" srcset=\"https:\/\/newviewadvisors.com\/commentaries\/wp-content\/uploads\/2019\/07\/HMBS-League-Tables-2019Q2.png 952w, https:\/\/newviewadvisors.com\/commentaries\/wp-content\/uploads\/2019\/07\/HMBS-League-Tables-2019Q2-300x191.png 300w, https:\/\/newviewadvisors.com\/commentaries\/wp-content\/uploads\/2019\/07\/HMBS-League-Tables-2019Q2-768x489.png 768w\" sizes=\"auto, (max-width: 473px) 100vw, 473px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>AAG retains its lead HMBS issuer slot for the second quarter of 2019, with $847.4 million of issuance for a 23.3% market share. RMF stayed in second, with $651.7 million issued and 17.9% market share, and FAR held third with $553.8 million issued and 15.19% market share. Longbridge jumped two spots to #4 with $552.2 [&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-1403","post","type-post","status-publish","format-standard","hentry","category-hmbs"],"_links":{"self":[{"href":"https:\/\/newviewadvisors.com\/commentaries\/wp-json\/wp\/v2\/posts\/1403","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=1403"}],"version-history":[{"count":3,"href":"https:\/\/newviewadvisors.com\/commentaries\/wp-json\/wp\/v2\/posts\/1403\/revisions"}],"predecessor-version":[{"id":1409,"href":"https:\/\/newviewadvisors.com\/commentaries\/wp-json\/wp\/v2\/posts\/1403\/revisions\/1409"}],"wp:attachment":[{"href":"https:\/\/newviewadvisors.com\/commentaries\/wp-json\/wp\/v2\/media?parent=1403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newviewadvisors.com\/commentaries\/wp-json\/wp\/v2\/categories?post=1403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newviewadvisors.com\/commentaries\/wp-json\/wp\/v2\/tags?post=1403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}