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Ginnie Mae MBS Outstanding Hits $2.130 Trillion
Ginnie Mae has announced that issuance of its mortgage-backed securities (MBS) totaled $57.85 billion in January, providing financing for more than 223,938 homeowners and renters.
A breakdown of January issuance includes $55.46 billion of Ginnie Mae II MBS and $2.40 billion of Ginnie Mae I MBS, which includes $1.96 billion of loans for multifamily housing.
Ginnie Mae's total outstanding principal balance of $2.130 trillion is an increase from $2.053 trillion in January 2019.
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