Mortgage-Backed Securities

Record-Breaking Month for Mortgage-Backed Securities at Ginnie Mae

MBS issuances reached $70.04 billion, and the dollar amount reflects a greater number of families succeeding at homeownership. Mortgage-backed securities (MBS) issued by Ginnie Mae in July totaled a corporate-wide record of $70.04 billion. This translates to financing for more than 261,000 homeowners and renters, the agency reported. “As mortgage rates reached new all-time lows … The post Record-Breaking Month …

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Ginne Mae Issues $61B in MBS in June

This was the third consecutive month that it has issued more than $60 billion in mortgage backed securities. However, Ginnie Mae’s outstanding balance also reported an increase. The post Ginne Mae Issues $61B in MBS in June appeared first on DSNews.

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