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HREMIC Issuance Steady at $2.37 Billion 

Jul 08, 2014By

The issuance of HREMICs — or the real estate mortgage investment conduits comprising reverse mortgage securities — is on pace with 2013 volume, as $2.37 billion of transactions were completed in the first half of 2014, according to the latest Ginnie Mae data compiled by New View Advisors.  Twelve transactions underwritten by four different sponsors contribute […]