Ginnie Mae

Our Mission

Our mission is to bring global capital into the housing finance system - a system that runs through the core of our nation's economy - while minimizing risk to the taxpayer.

For 50 years, Ginnie Mae has provided liquidity and stability, serving as the principal financing arm for government mortgage loans and ensuring that mortgage lenders have the necessary funds to provide loans to customers.

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Ginnie In Brief 6/26/2019

Ginnie Mae’s Secured Overnight Funding Rate Transaction Explained

The transition away from the LIBOR index, and possible use of Secured Overnight Funding Rate (SOFR) as an alternative, has become a more prominent issue in 2019, as evidenced by a recent Ginnie Mae REMIC transaction that included some SOFR-indexed classes. To read this blog, please visit this page.

The Ginnie Mae Difference

Since 1968, Ginnie Mae has leveraged the government guaranty at minimal cost and risk to the American taxpayer, while dramatically lowering the cost of finding a home for millions of households. Here’s how Ginnie supports the housing market:

71Percent

Of the people Ginnie serves are first-time homebuyers

53Million

Households financed by government loans in Ginnie Mae securities since 1968

$2.0Trillion

Our MBS portfolio balance provides crucial support to the housing recovery

2.9Million

Loans issued to veteran homebuyers