Ginnie Mae Mortgage-Backed Securities Portfolio Reached $2.97 Trillion in June

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Ginnie Mae announced that it issued $53.9 billion in total mortgage-backed securities (MBS) in June, resulting in net portfolio growth of $20.6 billion. Last month’s activity expands its MBS portfolio outstanding to $2.97 trillion.

Last month’s activity included $52.4 billion in Ginnie Mae II MBS and $1.5 billion in Ginnie Mae I MBS, including $1.3 billion for multifamily housing loans. The pooling and securitization of loans for more than 157,000 American households, including more than 68,000 first-time homebuyers.

Year to date, Ginnie Mae facilitated the pooling and securitization of 339,562 first-time homebuyer loans.