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Reverse Mortgage Securities Issuance Drops 30% to Hit Five-Year Low 

Mar 17, 2014By

Reverse mortgage securities issuance hit a five-year low in February 2014, with issuers creating $493.6 million in new reverse mortgage-backed securities pools. This marks the smallest issuance since May 2009, according to New View Advisors. By dollar amount, February’s HMBS issuance is down more than 30% from January’s $710 million and nearly 29% from the […]