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Ginnie Issuance Down, Though HMBS Up

February MBS issuance down 6% from previous month

March 4, 2016

By Mortgage Daily staff



Loan securitizations on behalf of the Government National Mortgage Association declined last month, though reverse mortgage activity ascended.

Ginnie Mae issuers securitized 6 percent more in mortgages during February than they did in the first month if this year.

That was according to a Mortgage Daily analysis of operational data released by the Washington-based government-owned organization.


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