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Initial, or first participation, HMBS production was $382 million in January, $90 million above December’s $292 million and $49 million above November’s $333 million, but $24 million below January 2025. Tail issuance totaled $179 million, down from $189 million in December. The 72 pools include 23 original pools, 46 tail pools and three mixed pools. […]
Longbridge financial followed in second place with $1.44 billion, or 23% of the market. Mutuality of Omaha Mortgage And PHH Mortgage Corp. rounded out the top four with issuance of $1.16 billion (19%) and $1.09 billion (18%), respectively. In his latest commentarypublished Monday, New View Advisors said there would be 10 HMBS issuers by 2025, […]
The discussion also coincides with a rise in private-label reverse mortgages, which New View estimates now account for about 40% of market activity. New view addressed each of the 21 questions asked in the RFI. She believes that some of the reforms she proposes can be implemented immediately, while others could take a year or […]
