Ginnie Mae Issued $46.1 Billion in Mortgage-Backed Securities During March

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Ginnie Mae announced that its mortgage-backed securities (MBS) portfolio outstanding grew to $2.91 trillion as of March.

Ginnie Mae issued $46.1 billion in total MBS last month, resulting in net portfolio growth of $4.16 billion. The issuance included $44.5 billion in Ginnie Mae II MBS and $1.5 billion in Ginnie Mae I MBS, including $1.4 billion for multifamily housing loans.

The pooling and securitization of loans for more than 128,000 American households, including over 49,000 first-time homebuyers. Year to date, Ginnie Mae facilitated the pooling and securitization of more than 150,000 loans for first-time homebuyers.