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Reverse Mortgage Securities Headed for Record Low Issuance in 2014 

Dec 15, 2014By

Issuers of Home Equity Conversion Mortgage (HECM) mortgage-backed securities (HMBS) posted their third-highest tally of the year in November, but it might not be enough to prevent total HMBS issuance from reaching a record-low come year’s end, according to New View Advisors’ recent commentary on Ginnie Mae data. HMBS issuers sold $628 million in new […]