Residential and commercial loan securitizations on behalf of the Government National Mortgage Association climbed to the highest level on record last month.
As of June 30, there were $1.6925 trillion in Ginnie Mae mortgage-backed securities that were outstanding, an analysis of monthly operational data indicates.
The Washington-based firm’s outstanding MBS grew from a month earlier, when the total was $1.6834 trillion, and a year earlier, when it was $1.5609 trillion.
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From:: Financing