• Grey Facebook Icon
  • Grey Twitter Icon

 Stay updated on the latest news, tips, and event info in the mortgage industry. 

© American Business Media, LLC.

Reverse Mortgage Securities Market Boomed in December 2017

January 26, 2018

The reverse mortgage securities market boomed at the end of December 2017 to mark a record high. According to reports, the record high was the largest number of issuance in eight years.


"HMBS firms generated 106 loan pools for a total of $1.35 billion, outpacing $1 billion in payoffs — the first time in 15 months that issuance exceeded payouts, according to the most recent analysis from New View Advisors," according to Reverse Mortgage Daily.


"Those 106 loan pools were divided evenly between 53 original and 53 'tail' pools."


New View Advisors also completed analysis that showed a spike before October 2, when the reverse mortgage industry underwent a slight overhaul.


To learn more about these numbers as well as the strong quarterly numbers from 2017, click on the image above

Share on Facebook
Share on Twitter
Please reload

Recent Posts

Please reload

Featured Posts

Reverse Mortgage Lending Limits Rise Again in 2020

December 4, 2019

Please reload

Follow Us

  • Grey Facebook Icon
  • Grey Twitter Icon