Mortgage Daily

Published On: May 7, 2009
Ginnie Ties Record$34.5 billion April MBS issuance

May 7, 2009

By MortgageDaily.com staff

Monthly issuance of Ginnie Mae mortgage-backed securities reached yet another high.April issuance was a record $34.5 billion, the Washington, D.C.-based company reported yesterday. Activity included nearly $7 billion in Ginnie Mae II single-family pools.

During March, issuance was also a record $34.5 billion, while volume was $19.2 billion in April 2008.

“We are stable, secure, and steadily growing,” Ginnie Mae President Joseph Murin said in the statement.

From January through April, MBS issuance stands at $124.2 billion. During the same period last year, issuance was just $58 billion.

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