Saturday , 23 January 2021

A ‘Record-Breaking’ Year for Mortgage Backed Securities

Ginnie Mae announced that it issued $748 billion in MBSs in the fiscal year ending September 30, which it said resulted in more than “2.8 million households securing affordable homeownership and rental housing.” The dollar amount, according to Ginnie Mae, is a result of “historically low mortgage rates” and a high demand for residential property. …

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