Tuesday, March 19, 2024 | The Latest Buzz for the Appraisal Industry

Ginnie Mae Breaks Record with April MBS Issuance Volume

Ginnie Mae says its mortgage-backed securities (MBS) issuance volume was a record $89.7 billion in April, up from $82.25 billion in March. Approximately 332,300 homes and apartment units were financed by Ginnie Mae-guaranteed MBS in April.

“Investors continue to add Ginnie Mae MBS to their fixed-income portfolios because of the high quality and liquidity of the securities,” says Ginnie Mae’s Michael Drayne. “Our commitment to maintain a strong and flexible MBS program that produces

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