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November Issuance of Reverse Mortgage-Backed Securities Tops $718 Million 

Dec 19, 2016By

A lack of seasoned pools led to lower issuance of Home Equity Conversion Mortgage-backed securities (HMBS) in November compared to the previous month, according to the latest commentary from New View Advisors. HMBS issuance totaled approximately $718 million in November—the fourth lowest monthly dollar volume this year—which was down from October’s total of $832 million. […]