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HMBS

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August HMBS Data Shows Benefits of Lower Interest Rates 

Sep 03, 2019By

The production of new Home Equity Conversion Mortgage-backed securities (HMBS) totaled $637 million in August, with lower interest rates strengthening new production. This is according to publicly available GNMA data and private sources compiled by New View Advisors. August saw 93 pools issued, which included approximately $390 million of new unseasoned Home Equity Conversion Mortgage […]