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INVESTMENT GOVERNMENT PROPERTY PRESERVATION
GINNIE MAE
ISSUED 939B
OF SECURITIES
IN 2021
As the 2021 fiscal year comes to an end,
Ginnie Mae has announced that it issued
a record $939 billion in mortgage-backed
securities (MBS). is number is up from the
$748 billion it issued during the 2020 fiscal
year.
According to the press release, record
issuance reflects the strength and value of the
Ginnie Mae program in meeting the needs
of homebuyers and rental property owners.
Approximately 263,061 homes and apartment
units were financed by Ginnie Mae in
September alone.
"It has been a remarkable year for the
Ginnie Mae MBS program," Ginnie Mae
Acting Executive Vice President Michael
Drayne said. "Our robust and flexible business
platform enabled Ginnie Mae to attract record
amounts of investment capital from around the
world to finance affordable homeownership
and rental housing for families across the
country."
A breakdown of what Ginnie Mae issued
in September 2021 is as follows: of the total
$72.88 billion issued $69.26 billion of Ginnie
Mae II MBS and $3.63 billion of Ginnie Mae
I MBS, which in turn includes approximately
$3.5 billion of loans for multifamily housing.
Ginnie Mae's total outstanding principal
balance as of September 30 was $2.130 trillion,
up from $2.124 trillion in the prior month, and
up slightly from $2.117 trillion in September
2020.
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