Ginnie Mae announced its mortgage-backed securities (MBS) portfolio outstanding grew to $2.71 trillion as of January.
Ginnie Mae issued $39.8 billion in total MBS last month, resulting in a net portfolio growth of $16.7 billion. Of that amount, $38.4 billion was issued in Ginnie Mae II MBS and $1.35 billion in Ginnie Mae I MBS, including nearly $1.19 billion for multifamily housing loans.
Year to date, Ginnie Mae facilitated the pooling and securitization of over 54,000 loans for first-time homebuyers.
