Ginnie Mae announced it generated a total issuance was $526.4 billion for its fiscal year 2025, a 7.2% year-over-year increase in the outstanding portfolio.
As a result of this issuance total, the agency’s mortgage-backed securities portfolio grew by $190.9 billion to more than $2.8 trillion as of Sept. 30, 2025. Ginnie Mae added that its financing benefited approximately 1.4 million households, out of which an estimated 43.9% were first-time homeowners.
“Ginnie Mae’s work in fiscal year 2025 reflects a clear focus on our mission of ensuring access to affordable mortgage credit,” said Joseph Gormley, Ginnie Mae president. “By strengthening operations, enhancing cybersecurity, and maintaining disciplined risk management, we reinforced market confidence and attracted global capital to support affordable lending for American homeowners in every market environment.”
Ginnie Mae guarantees the timely payment of principal and interest to investors on securities backed by loans from the Federal Housing Administration, Department of Veterans Affairs, the Department of Agriculture’s Rural Development, and the Department of Housing and Urban Development’s Office of Public and Indian Housing.
