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| Business at the Government National Mortgage Association climb to an all-time high.
Last month, $39.0 billion in Ginnie Mae mortgage-backed securities were issued, a news release today said. The government-owned corporation reported April volume of $34.5 billion. A year earlier, volume was around $20.6 billion, according to data from eMBS. Year-to-date through May 31, issuance of Ginnie MBS totaled $163.2 billion. May business included $28 billion in Ginnie Mae I single-family pool issuance, over $10 billion in Ginnie Mae II single-family pools and $0.3 billion in multifamily issuance. |
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