Skip to main content

Ginnie Mae MBS Outstanding Increases to $2.101 Trillion

Nov 13, 2019
Ginnie Mae announced that issuance of its mortgage-backed securities (MBS) totaled $63.44 billion in May

Ginnie Mae has announced that issuance of its mortgage-backed securities (MBS) totaled $60.046 billion in October, providing financing for more than 229,000 homeowners and renters.
 
A breakdown of October issuance includes $57.450 billion of Ginnie Mae II MBS and $2.596 billion of Ginnie Mae I MBS, which includes $1.737 billion of loans for multifamily housing.
 
Ginnie Mae's total outstanding principal balance of $2.101 trillion is an increase from $2.019 trillion in October 2018.

 
About the author
Published
Nov 13, 2019
UWM, UMortgage Under Attack For Alleged Shell Scheme

A report released on April 25 by the hedge-funded media company alleges UWM set up a shell company, UMortgage.

Apr 25, 2024
More Questions Than Answers At Housing Finance Climate Summit

Government officials, housing leaders, and climate scientists meet to address climate change's escalating impact on housing.

Apr 22, 2024
Maximum Acceleration, Originator Connect Network Sign Exclusive CE Agreement

Pact gives OCN guaranteed live CE at shows, creates nationwide opportunity for Maximum Acceleration

Apr 17, 2024
CMG Acquires Norcom Mortgage's Retail Side

The 25-branch addition will enhance CMG’s northeastern presence from Maryland to Maine.

Apr 12, 2024
CFPB Weighs Title Insurance Changes

The agency considers a proposal that would prevent home lenders from passing on title insurance costs to home buyers.

NEXA Begins Search For New CFO

NEXA CEO retires the president position after Mat Grella's termination.

Apr 01, 2024