As Hispanic Heritage Month concludes, I would like to take a moment to revisit a key theme I highlighted during my first year at Ginnie Mae: supporting Latino homeownership benefits not only the Latino community but all Americans as well. Housing plays a crucial and outsized role in our national economy, and addressing the housing needs of the Latino population fosters stability and growth across this vital sector.
This month, we celebrate the 22nd annual National Homeownership Month, a milestone recognized by a Presidential Proclamation.
Ginnie Mae is focused on ensuring our Issuers can remain strong throughout economic cycles. Our Issuers are our direct counterparties and are on the frontlines of our mortgage-backed securities (MBS) program.