Tag Archives: Ginnie Mae II MBS

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.

Changes to Ginnie Mae’s HMBS program will improve issuer liquidity and provide issuers with continuous access to capital market sources of funding to securitize HMBS participation.

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.

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.

According to Ginnie Mae, April’s mortgage-backed securities issuance supported the financing of more than 112,000 households, including assisting more than 50,700 first-time homebuyers.

First-quarter mortgage-backed securities issuance by Ginnie Mae supported the financing of more than 281,000 households, including more than 126,000 first-time homebuyers.

As Ginnie Mae continues its search for a permanent COO, Laura M. Kenney has been named Senior Advisor for Strategic Operations, in addition to Britt Van being appointed as Special Advisor to the President.

“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.