Ginnie Mae’s MBS portfolio reaches $1.5 trillion

Ginnie Mae’s MBS portfolio reaches $1.5 trillion Ginnie Mae is a rapidly expanding company and with a growing $1.5 trillion portfolio and we need to make sure that we are able to continue to support that growth with new systems and technology, while at the same time keeping the trains running. Thanks for stopping by and be sure to check back.

Ginnie Mae today announced that issuance of its mortgage-backed securities (mbs) totaled billion in April. A breakdown of April issuance includes $32.437 billion of Ginnie Mae II MBS and $1.631 billion of Ginnie Mae I MBS, which includes $1.446 billion of loans for multifamily housing.

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mortgage institutions approved to issue Ginnie Mae securities, has grown 29. their portfolio by an additional 50 percent reaching a $1.5 trillion milestone.

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Ginnie Mae has announced that its mortgage-backed securities (MBS) portfolio reached $1.5 trillion in unpaid principal balance (UPB). Ginnie Mae President Ted Tozer noted the unprecedented expansion of recent years. It took Ginnie Mae 42 years, from its founding in 1968, until July of 2010, to reach the $1 trillion mark.

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Ginnie Mae’s mortgage-backed securities (MBS) portfolio topped $1.5 trillion in unpaid principal balance, the company announced this week. The government-backed company, which is the only securitizer of Home Equity Conversion Mortgages, also recently rebounded slightly from a five-year low in the supply of Home Equity Conversion Mortgage-Backed Securities (HMBS).

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Instead, particularly in the Ginnie Mae market, we have seen one game changer after another occur: The prolonged exodus of traditional market participants The rise of non-depositories, from issuing.

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