These are the top issuers of reverse mortgage-backed securities

These are the top issuers of reverse mortgage-backed securities
As reverse mortgage loan production steadily declines, so too has the issuance of the securities backed by this product on the secondary market. Issuers of HECM-backed securities, or HMBS, brought just under $1.7 billion to market in the first quarter of 2019, according to the latest report from New View Advisors. This is a 44% decline from last year and the lowest total in five years.
Source: https://www.housingwire.com/rss