Ginnie Mae Guaranteed $33.4B In MBS Last Month

Posted by Orb Staff on July 09, 2010 No Comments
Categories : Residential Mortgage

ink=http://www.ginniemae.gov]Government National Mortgage Association[/link] (Ginnie Mae) reports that it guaranteed more than $33.4 billion in mortgage-backed securities (MBS) in June. ‘Ginnie Mae is continuing to provide liquidity to the housing finance market while protecting the American taxpayer and the interests of our investors,’ says Ginnie Mae's president, Theodore Tozer. Issuance for Ginnie Mae II single-family pools totaled nearly $20.1 billion, while Ginnie Mae I single-family pools were $12.3 billion. Total single-family issuance for June was more than $32.4 billion. Ginnie Mae's multifamily MBS issuance was just over $1 billion. SOURCE: [link=http://www.ginniemae.gov]Ginnie Mae

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