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Issuance of Reverse Mortgage-Backed Securities Tops $857 Million in May 

Jun 16, 2016By

Ginnie Mae-approved issuers of HECM mortgage-backed securities (HMBS) created approximately $857 million in new HMBS pools during May, a month that featured a “weak” tally in original pools mitigated by seasoned pool issuance, according to the latest New View Advisors commentary. May’s HMBS issuance exceeded April’s $775 million, but remained below its year-ago level of $874 […]

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