Jeb Bush: Current housing and debt situation unsustainable

Jeb Bush: Current housing and debt situation unsustainable

Is the clock ticking on the 30-year mortgage?

Senate banking committee passes massive regulatory relief bill

Big implications in legislation for housing and mortgage finance

Existing home sales crater in April, falling 3.3%

Spring buying stalls out after strong March performance
W S
Investments / The Ticker

Ginnie Mae MBS issuance climbs

/ Print / Reprints /
| Share More
/ Text Size+

Ginnie Mae mortgage-backed securities issuance totaled more than $41.03 billion in May, up from $39.95 in April, according to data released by the government-owned enterprise.

Issuers securitized more than $31.30 billion in single-family loans in Ginnie Mae 11 pools, while also securitizing nearly $7.77 billion Ginnie I pools. 

"Clearly, there is still a need for Ginnie Mae’s strong presence in the housing finance industry, given the continued surge in our MBS issuances," said Ginnie Mae President Ted Tozer.

He added, "The confidence expressed by Issuers and investors in our securities is very important to secondary market stability."

In May, issuance for the Ginnie Mae Home Equity Conversion Mortgage-Backed Security (HMBS), included in Ginnie Mae II single-family pools, was $845 million.

Total single-family issuance for May amounted to $39.08 billion.

Additionally, issuance of multifamily MBS reached $1.95 billion for the month. 

 

Recent Articles by HousingWire Staff

Comments powered by Disqus