{"id":709,"date":"2015-07-08T10:55:56","date_gmt":"2015-07-08T14:55:56","guid":{"rendered":"http:\/\/newviewadvisors.com\/commentary\/?p=709"},"modified":"2015-07-08T10:55:56","modified_gmt":"2015-07-08T14:55:56","slug":"hmbs-issuer-2015-first-half-league-tables-aag-overtakes-rms","status":"publish","type":"post","link":"https:\/\/newviewadvisors.com\/commentaries\/2015\/07\/08\/hmbs-issuer-2015-first-half-league-tables-aag-overtakes-rms\/","title":{"rendered":"HMBS Issuer 2015 First Half League Tables \u2013 AAG Overtakes RMS"},"content":{"rendered":"

AAG, which started its HMBS program just two years ago this month, is the leading HMBS issuer for the first half of 2015.\u00a0 After more than 5 years as industry leader, RMS ceded the number one slot by just $52 million.\u00a0 AAG issued $907.3 million of securities for a 20.1% market share. \u00a0RMS issued $855.2 million, a 10% increase over its first half 2014 $774 million, for an 18.9% market share. \u00a0Urban Financial, RMF, and Liberty rounded out the Top-5 issuers with $834.6 million, $672.3 million, and $532.9 million respectively.\u00a0 The Top-5 issuers accounted for more than 84% of all issuance in the half, the most since late 2012 when the Top-5 accounted for 91% of all issuance.\u00a0 It is also the first time Cherry Creek has issued HMBS securities.<\/p>\n

HMBS Issuers in the first half of 2015 sold $4.5 billion, a 44% increase over the $3.1 billion issued in the first half of 2014.\u00a0 New issuance was up 52%, tail issuance was up 23%, and new issue, seasoned pools increased twelve-fold as whole loan HECM buyers capitulated to HMBS\u2019 superior execution. \u00a0The dramatic volume increase is also likely attributable to last year\u2019s FHA PLF increase and a pre-FA origination surge this spring.<\/p>\n

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

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

AAG, which started its HMBS program just two years ago this month, is the leading HMBS issuer for the first half of 2015.\u00a0 After more than 5 years as industry leader, RMS ceded the number one slot by just $52 million.\u00a0 AAG issued $907.3 million of securities for a 20.1% market share. \u00a0RMS issued $855.2 […]<\/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-709","post","type-post","status-publish","format-standard","hentry","category-hmbs"],"_links":{"self":[{"href":"https:\/\/newviewadvisors.com\/commentaries\/wp-json\/wp\/v2\/posts\/709","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=709"}],"version-history":[{"count":19,"href":"https:\/\/newviewadvisors.com\/commentaries\/wp-json\/wp\/v2\/posts\/709\/revisions"}],"predecessor-version":[{"id":776,"href":"https:\/\/newviewadvisors.com\/commentaries\/wp-json\/wp\/v2\/posts\/709\/revisions\/776"}],"wp:attachment":[{"href":"https:\/\/newviewadvisors.com\/commentaries\/wp-json\/wp\/v2\/media?parent=709"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newviewadvisors.com\/commentaries\/wp-json\/wp\/v2\/categories?post=709"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newviewadvisors.com\/commentaries\/wp-json\/wp\/v2\/tags?post=709"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}