Pool Level HMBS Prepayment Speeds – May 2014

As of May 31, 2014, $48.08 billion of HMBS are outstanding, representing a growth in supply of $250 million over April.  Life to date issuance of HMBS now totals $51.3 billion.  The May report can be found here.

HMBS are Ginnie Mae guaranteed pass-through securities backed by pools of participations of HECMs, which are FHA-insured reverse mortgages.

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New View Advisors compiled this data using publicly available Ginnie Mae sources.


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