Monthly loan securitizations on behalf of the Government National Mortgage Association soared to a new all-time high, with jumbo activity reaching a record high.
Issuance of Ginnie Mae mortgage-backed securities came to $54.639 billion during September — the biggest month on record for the government-owned corporation.
The findings, based on an analysis of monthly operational data reported by the Washington-based firm, indicate that there were $48.424 billion in prior-month issuance.
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From:: Financing