Share To Twitter Share To LinkedIn Share To Twitter Share
* To
* From
Print Friendly

 ‭(Hidden)‬ Ginnie Mae Breadcrumb

Press Release​s​

Ginnie Mae Guaranty Supports Financing of 230,000 Homes in January with MBS Issuance of More than $62 Billion
Published Date: 2/8/2022 10:00 AM

WASHINGTON, D.C. – Ginnie Mae reported today its January 2022 issuance volume, maintaining the strong liquidity of the program and its value in meeting the financing needs of homeowners and rental property owners. Approximately 230,000 homes and apartment units were financed by Ginnie Mae guaranteed MBS in January.

Ginnie Mae mortgage-backed securities (MBS) issuance volume for January 2022 was $62.98 billion.

“The Ginnie Mae MBS program began 2022 strong and stable, as issuers financed more than 230,000 homes through sale of MBS to investors around the world,” said Ginnie Mae President Alanna McCargo. “In January, Ginnie Mae also saw growing interest from issuers and investors for the Extended Term ​MBS, a new pooling option available to support homeowners exiting forbearance with more affordable loan modifications as they recover from t​​​he economic effects of the pandemic.”

A breakdown of January 2022 issuance of nearly $63 billion includes $60.19 billion of Ginnie Mae II MBS and $2.79 billion of Ginnie Mae I MBS, which in turn includes approximately $2.63 billion of loans for multifamily housing.

Ginnie Mae's total outstanding principal balance as of January 31 was $2.168 trillion, up from $2.149 trillion in the prior month, and up from $2.109 trillion in January 2021.

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.