WASHINGTON, D.C. – Ginnie Mae reported today that mortgage-backed securities (MBS) issuance volume for October 2021 was $69.36 billion. Ginnie Mae MBS issuance reflects the liquidity of the program and its value in meeting the mortgage needs of homebuyers and rental property owners. Approximately 253,996 homes and apartment units were financed by Ginnie Mae guaranteed MBS in October.

“The consistency and value of the Ginnie Mae MBS program for investors and issuers on behalf of America’s homeowners and renters is illustrated in these results,” said Ginnie Mae Acting Executive Vice President Michael Drayne. “Our attention to program details that make pooling loans, issuing securities and transmitting timely payments to security holders efficient and scalable for all stakeholders, ultimately benefits families across the country.”

A breakdown of October 2021 issuance of $69.36 billion includes $65.84 billion of Ginnie Mae II MBS and $3.52 billion of Ginnie Mae I MBS, which in turn includes approximately $3.4 billion of loans for multifamily housing.

Ginnie Mae's total outstanding principal balance as of Sept 30 was $2.135 trillion, up from $2.126 trillion in the prior month, and up slightly from $2.114 trillion in October 2020.

For more information on monthly MBS issuance, UPB balance, REMIC monthly issuance and global market analysis visit Ginnie Mae Disclosure.

About Ginnie Mae

Ginnie Mae is a wholly owned government corporation that attracts global capital into the housing finance system to support homeownership for veterans and millions of homeowners throughout the country. Ginnie Mae MBS programs directly support housing finance programs administered by the Federal Housing Administration, the Department of Veterans Affairs, the Department of Housing and Urban Development’s Office of Public and Indian Housing and the Department of Agriculture Rural Housing Service. Ginnie Mae is the only MBS to carry the explicit full faith and credit of the United States government.