There were no changes in rankings for the quarter. FAR increased its lead HMBS issuer status at September 30 for both Total and First Participation HMBS issuance, with $1.56 billion and $917 million issued, respectively. Longbridge remained in second, with $1.18 billion and $791 million, respectively. Mutual of Omaha and Onity round out the top…

HECM Mortgage-Backed Securities (“HMBS”) issuance in September totaled $446 million, $91 million less than August’s $537 million and $45 million less than September 2025’s $491 million. 70 pools were issued in September, five more than August. For all HMBS, FAR was the top issuer in September with $175 million – a decrease of $82 million…

Total HMBS payoffs in August were 1.1% lower than July; the 1-mo prepayment speed for August was 14.3% compared to July’s 15.4%. Outstanding HMBS increased by $90.1 million to $56.16 billion, only the 6th increase in the last 43 months. The overall decline in HMBS understates the true story in outstanding HMBS and HECMs because…

HECM Mortgage-Backed Securities (“HMBS”) issuance in August totaled $537 million, $74 million more than July’s $463 million and $35 million more than August 2025’s $502 million. 65 pools were issued in August, six more than July. For all HMBS, FAR was the top issuer in August with $257 million – an increase of $80 million…

Total HMBS payoffs in July were 0.4% lower than June; the 1-mo prepayment speed for July was 15.4% compared to June’s 15.8%. Outstanding HMBS decreased by $50.7 million to $56.07 billion, the 37th decrease in the last 42 months. The decline in HMBS understates the true story in outstanding HMBS and HECMs because negative amortization…

HECM Mortgage-Backed Securities (“HMBS”) issuance in July totaled $463 million, $7 million more than June’s $456 million and $78 million less than July 2025’s $541 million total. 59 pools were issued in July, two more than in June. July issuance ranks twelfth lowest in terms of monthly issuance since 2009 but is the second lowest…