Washington, D.C., September 21, 2023—Ginnie Mae President Alanna McCargo delivered the keynote speech at the Barclays U.S. Rates and Residential Mortgage-Backed Securities (RMBS) Conference in Tokyo, Japan, where she addressed the value proposition of Ginnie Mae mortgage-backed securities (MBS), its social impact and sustainability work, and the U.S. housing market.
Presenting to an audience of global asset managers and investors, President McCargo discussed the current macro-economic trends in the mortgage market and strong performance of Ginnie Mae securities. President McCargo also introduced to investors Ginnie Mae’s recently launched Social Bond update to its Single-Family Forward MBS program and its Social Impact and Sustainability Framework. These enhancements highlight the structural aspects of Ginnie Mae’s mission and program which drive broader access to mortgage financing and affordable homeownership and rental opportunities for historically underserved communities. President McCargo also discussed Ginnie Mae’s social and green bond disclosures which provide reliable data for investors looking for impact investing opportunities.
“As I travel around the world, one thing is clear: global investors want more impact investment opportunities. Since its founding 55 years ago, Ginnie Mae has been a social impact company. Along with our MBS pool-level disclosure data, our new Social Bond update and impact framework represent powerful tools for investors who want to direct capital in support of broader access to affordable credit and housing for American households in underserved communities,” said President Alanna McCargo. “Ginnie Mae’s unique value proposition remains a significant draw for investors, and paired with the power of our explicit guaranty, our impact work can drive additional global investment into the communities and households we serve.”
In addition to keynoting the investor conference in Tokyo, President McCargo and other senior Ginnie Mae officials will also engage in meetings with investors and other public and private sector housing market participants in Japan and Singapore.
Additional information about Ginnie Mae is available at
https://www.ginniemae.gov and on
About Ginnie Mae
Ginnie Mae is an entirely government-owned corporation that attracts global capital into the housing finance system to support homeownership for veterans and millions of homeowners throughout the country. Ginnie Mae mortgage-backed security (MBS) programs directly support housing finance programs administered by the Federal Housing Administration, the U.S. Department of Veterans Affairs, the U.S. Department of Housing and Urban Development’s Office of Public and Indian Housing, and the U.S. Department of Agriculture’s Rural Housing Service. Ginnie Mae is the only MBS to carry the explicit full faith and credit of the United States Government.