Monday, 26 September 2022 | The Latest Buzz for the Appraisal Industry

Ginnie Mae MBS Portfolio Expands to $2.3T

Ginnie Mae’s mortgage-backed securities outstanding portfolio grew for the 14th consecutive month in August, hitting $2.269 trillion, up from $2.248 trillion in July, and $2.119 trillion last year. This growth was fueled by steady new issuance of Ginnie Mae MBS as homeowners found value in the government-backed mortgage market. New MBS issuance for August was …

The post Ginnie Mae MBS Portfolio Expands to $2.3T appeared first on DSNews.

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