Mortgage Daily

Published On: June 12, 2017

Despite a year-over-year retreat in securitizations on behalf of the Government National Mortgage Association, there was a month-over-month bump.

As of May 31,
the collective unpaid principal balance outstanding on Ginnie Mae mortgage-backed securities came to $1.8305 trillion.

The total, along with a number of other metrics, were determined from an analysis of monthly data published by the Washington-based firm.

MBS outstanding grew from $1.8196 trillion one month earlier and $1.6834 trillion one year earlier.

Last month’s balance was comprised of $0.1030 trillion in multifamily pools and $1.7276 trillion in residential securities. The residential portion of the book of business included $0.0483 trillion in jumbo MBS and $0.0551 trillion in home-equity conversion mortgage MBS.

Issuance of Ginnie MBS totaled $38.284 billion last month. Securitizations inched up from $37.897 billion in April 2017 but came up short of $42.830 billion in May 2016.

From Jan. 1, 2017, through May 31, Ginnie Mae issuance amounted to $187.679 billion. Since beginning fiscal-year 2017 on Oct. 1, 2016, there have been $335.388 billion in Ginnie Mae MBS issued.

May 2017 activity was made up of $1.879 billion in multifamily issuance and $36.405 billion in residential securitizations. Included in the residential portion was $1.332 billion in jumbo issuance and $0.768 billion HMBS issuance.

FREE CALCULATORS TO HELP YOU SUCCEED
Tools for Your Next Big Decision.

Amortization Calculator

Affordability Calculator

Mortgage Calculator

Refinance Calculator

FHA Mortgage Calculator

VA Mortgage Calculator

Real Estate Calculator

Tags

Pre-Approval Resources!

Making well educated decions in a matter of minutes and stay up to date on the latest news Mortgage Daily has to offer. Read our latest articles to stay up to date on what’s going on…

Resource Center

Since 1998, Mortgage Daily has helped millions of people such as yourself navigate the complicated hurdles of the mortgage industry. See our popular topics below, search our website. With over 300,000 articles, we are guaranteed to have something for you.

Your mortgages approval starts here.

Add 1-2 sentence here. Add 1-2 sentence here. Add 1-2 sentence here. Add 1-2 sentence here. Add 1-2 sentence here.

Stay Up To Days with Today’s Latest Rates

Mortgage

Today’s rates starting at

4.63%

5/1 ARM
$200,000 LOAN

Home Refinance

Today’s rates starting at

4.75%

30 YEAR FIXED
$200,000 LOAN

Home Equity

Today’s rates starting at

3.99%

3 YEAR
$200,000 LOAN

HELOC

Today’s rates starting at

2.24%

30 YEAR FIXED
$200,000 LOAN