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.
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Ginnie Mae’s MBS Portfolio Hits $2.4T-Plus in July
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.
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