{"id":1543,"date":"2020-04-02T15:57:01","date_gmt":"2020-04-02T19:57:01","guid":{"rendered":"https:\/\/www.newviewadvisors.com\/commentary\/?p=1543"},"modified":"2020-04-02T15:57:01","modified_gmt":"2020-04-02T19:57:01","slug":"2020q1-hmbs-issuer-league-tables-aag-extends-its-lead","status":"publish","type":"post","link":"https:\/\/newviewadvisors.com\/commentaries\/2020\/04\/02\/2020q1-hmbs-issuer-league-tables-aag-extends-its-lead\/","title":{"rendered":"2020Q1 HMBS Issuer League Tables \u2013 AAG Extends Its Lead"},"content":{"rendered":"<p>AAG increased its lead in 2020Q1 HMBS issuer rankings, with $586.6 million of issuance and 28% market share. FAR moved up two places to second, with $412.6 million issued and 20% market share. RMF stayed in third with $358.8 million issued and 17% market share. PHH Mortgage aka Liberty Reverse Mortgage moved up a notch to fourth, with $312.2 million and 15% market share, and Longbridge slipped three places back to fifth with $228.2 million of issuance and 21% share. Regardless of order, these same five issuers accounted for almost 91% of all issuance this quarter, matching their Top-5 concentration high at year-end 2018. There were 13 HMBS issuers active during the quarter.<\/p>\n<p>2020Q1 saw $2.09 billion of HMBS issued, down again from 2019Q4\u2019s $2.28 billion, and 2019Q3\u2019s $2.33 billion. With impact from the Coronavirus pandemic unknown, Q1 production is a meaningless metric to project annual volume. 2019 full year volume landed at $8.26 billion, off 14% from full year 2018. Total HMBS issuance in 2018 was $9.58 billion.<\/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\/2020\/04\/HMBS-League-Tables-2020Q1.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-1549\" src=\"https:\/\/www.newviewadvisors.com\/commentary\/wp-content\/uploads\/2020\/04\/HMBS-League-Tables-2020Q1.png\" alt=\"\" width=\"463\" height=\"277\" srcset=\"https:\/\/newviewadvisors.com\/commentaries\/wp-content\/uploads\/2020\/04\/HMBS-League-Tables-2020Q1.png 463w, https:\/\/newviewadvisors.com\/commentaries\/wp-content\/uploads\/2020\/04\/HMBS-League-Tables-2020Q1-300x179.png 300w\" sizes=\"auto, (max-width: 463px) 100vw, 463px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>AAG increased its lead in 2020Q1 HMBS issuer rankings, with $586.6 million of issuance and 28% market share. FAR moved up two places to second, with $412.6 million issued and 20% market share. RMF stayed in third with $358.8 million issued and 17% market share. PHH Mortgage aka Liberty Reverse Mortgage moved up a notch [&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-1543","post","type-post","status-publish","format-standard","hentry","category-hmbs"],"_links":{"self":[{"href":"https:\/\/newviewadvisors.com\/commentaries\/wp-json\/wp\/v2\/posts\/1543","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=1543"}],"version-history":[{"count":2,"href":"https:\/\/newviewadvisors.com\/commentaries\/wp-json\/wp\/v2\/posts\/1543\/revisions"}],"predecessor-version":[{"id":1550,"href":"https:\/\/newviewadvisors.com\/commentaries\/wp-json\/wp\/v2\/posts\/1543\/revisions\/1550"}],"wp:attachment":[{"href":"https:\/\/newviewadvisors.com\/commentaries\/wp-json\/wp\/v2\/media?parent=1543"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newviewadvisors.com\/commentaries\/wp-json\/wp\/v2\/categories?post=1543"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newviewadvisors.com\/commentaries\/wp-json\/wp\/v2\/tags?post=1543"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}