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