Skip to main content

Ginnie Mae Sets MBS Issuance Record In April

NationalMortgageProfessional.com
May 11, 2020
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 $63.81 billion in April–an all-time record, providing financing for more than 246,000 homeowners and renters.
 
A breakdown of April issuance includes $61.04 billion of Ginnie Mae II MBS and $2.78 billion of Ginnie Mae I MBS, which includes $2.48 billion of loans for multifamily housing.
 
Ginnie Mae's total outstanding principal balance of $2.149 trillion is an increase from $2.062 trillion in April 2019.
 
“The Ginnie Mae MBS program produced nearly $64 billion in securities last month that financed housing for more than 246,000 families, illustrating the commitment of our staff and the flexibility of our program,” said Ginnie Mae Principal Executive Vice President Seth Appleton. “Housing finance is a key component of the nation’s economic well-being and Ginnie Mae is steadfast in our mission to ensure that money flows safely and consistently to communities across the United States, while minimizing risks to taxpayers.”
 
In March, Ginnie Mae announced that issuance of its MBS totaled $55.21 billion, providing financing for more than 211,000 homeowners and renters.

 
Published
May 11, 2020
KBRA Assigns Preliminary Ratings To SEMT 2021-6

Pool Of 497 First-Lien Loans Combined Have A Principal Balance Of Nearly $449M

Industry News
Sep 16, 2021
Fugo Appoints Bahlman As VP, Client Relations & Sales

Brings 19 Years of Experience To Texas-Based Back-Office Support Company

Industry News
Sep 16, 2021
Envoy Mortgage Expands To Atlanta

Envoy Mortgage lender expanded its Southeast operations to Atlanta, GA.

Industry News
Sep 15, 2021
FHFA Suspends Controversial PSPA Amendments

Today, the FHFA will be suspending controversial provisions added to the Preferred Stock Purchase Agreement (PSPA) on January 14, 2021.

Industry News
Sep 15, 2021
Covius Holdings To Acquire Nationwide Title Clearing

All 670 NTC Employees, Including Senior Management, Will Join Covius

Industry News
Sep 14, 2021
MBA Appoints AVP Of Diversity, Equity, & Inclusion

Promotes Amber Lawrence From Position As Associate Director Of Career Development Programs

Industry News
Sep 14, 2021