Tag Archives: MBS issuance

Due to continued liquidity constraints in the reverse mortgage space, Ginnie Mae has begun exploring a new securitization product that would accept HECM loans with balances above 98% of FHA’s Maximum Claim Amount.

December’s new mortgage-backed securities issuance by Ginnie Mae will support the financing of nearly 95,000 households, including more than 47,000 for first-time homebuyers.

For the 2023 calendar year-to-date, Ginnie Mae has supported the pooling and securitization of more than 570,000 first-time homebuyer loans.

According to Ginnie Mae, August 2023’s new mortgage-backed securities issuance has supported the financing of more than 123,000 households, including 59,000 of that number comprised of first-time buyers.

As Ginnie Mae celebrates its 55th anniversary, its mortgage-backed securities portfolio outstanding grew to $2.44 trillion in July 2023, assisting more than 57,000 first-time homebuyers achieve the American dream of homeownership.

New webpage provides details on Ginnie Mae’s Environmental, Social, and Governance (ESG) strategy, with a focus on the environmental and social impacts its MBS program offers to investors.

Ginnie Mae reports that its June 2023 recorded MBS issuance will support the financing of 130,000-plus households nationwide, including more than 62,000 first-time homebuyers.

"These additional disclosures highlight a uniquely impactful portion of our business and enable investors to measure and potentially expand their impact across these communities," said Sam Valverde, Principal EVP of Ginnie Mae.

May’s mortgage-backed securities issuance supports the financing of more than 113,000 U.S. households, including more than 55,000 first-time homebuyers.

Implementation of rules changes will increase transparency for Ginnie Mae’s global investors by enhancing data flow with its issuers.