Ginnie’s FY 2017 MBS Issuance Up, Book Expands

Annual fiscal securitizations conducted on behalf of the Government National Mortgage Association increased, while the book of business continued to grow.

The unpaid principal balance of Ginnie Mae mortgage-backed securities ended September at $1.8842 trillion, according to monthly operational data.

The government-owned corporation’s total expanded from $1.8706 trillion at the conclusion of the preceding month and $1.7281 trillion as of the same date last year.

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From:: Financing