Tag Archives: Ginnie Mae I MBS

According to Ginnie Mae, December's new MBS issuance will support the financing of more than 107,000 households, including more than 49,000 first-time homebuyers.

“The steepest increase in mortgage rates in decades is a headwind for homebuyers, but Ginnie Mae’s guaranty and insuring agency partners are here with products and programs to help consumers achieve their dream of homeownership,” said Ginnie Mae President Alanna McCargo.

May’s MBS issuance total brings Ginnie Mae’s MBS program balance to $2.216 trillion, the highest in the agency’s history.

More than 189,000 homes and apartment units nationwide were financed by Ginnie Mae to close out Q1 of 2022.

More than 190,000 U.S. homes were financed in February through Ginnie Mae MBS financing.

Ginnie’s mortgage-backed securities issuance fell month-over-month in October, despite reporting it had passed $1 trillion in principal and interest payments through to investors in FY2021.

Issuance of Ginnie Mae’s mortgage-backed securities continues its upward slope. Click through to learn more.

Outstanding mortgage-backed securities at Ginnie Mae have risen five-fold since the financial crisis. But here’s why the agency is raising concerns about nonbanks’ ability to meet financial obligations.