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Press Release​s​

Ginnie Mae Guaranty Supports Financing of 242,000 Homes in December
Contact: Douglas Robinson
(202) 475-7818
Published Date: 1/10/2022 9:45 AM

WASHINGTON, D.C. – Ginnie Mae reported today its December 2021 issuance volume, maintaining the strong liquidity of the program and its value in meeting the financing needs of homeowners and rental property owners. Approximately 242,793 homes and apartment units were financed by Ginnie Mae guaranteed MBS in December. Ginnie Mae mortgage-backed securities (MBS) issuance volume for December 2021 was $66.84 billion.

“The Ginnie Mae MBS program ends the calendar year with strong monthly issuance and continues to attract domestic and international investors and support the mortgage industry in meeting the diverse needs of America’s housing market,” said Ginnie Mae President Alanna McCargo. “I am proud to see continued strength in housing finance programs that support veterans, seniors, first-time homebuyers, renters, and low-income households in urban, rural and tribal communities.”

A breakdown of December 2021 issuance of $66.84 billion includes $62.31 billion of Ginnie Mae II MBS and $4.53 billion of Ginnie Mae I MBS, which in turn includes approximately $4.3 billion of loans for multifamily housing.

Ginnie Mae's total outstanding principal balance as of December 31 was $2.153 trillion, up from $2.143 trillion in the prior month, and up from $2.103 trillion in December 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.