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Ginnie Mae’s MBS portfolio reaches $1.5 trillion

The U.S.-owned company, which guaranteed the first mortgage-backed security in 1970, now backs $1.5 trillion. of Ginnie Mae’s single-family loans as of June, up from 22 percent three years earlier,

Ginnie. securities (MBS) portfolio reached $1.5 trillion in unpaid principal balance (UPB). ginnie mae president ted tozer noted the unprecedented expansion of recent years. It took Ginnie Mae 42.

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KEYWORDS Ginnie Ginnie Mae Housing Mortgage mortgage-backed securities Mortgage-backed security Residential mortgage-backed security. Ginnie Mae’s mortgage-backed securities portfolio has reached a record level. Just four years after Ginnie’s portfolio reached $1 trillion, the corporation’s portfolio now stands at more than $1.5 trillion.

Mortagages and Mortgage Backed Securities Ginnie Mae guarantees more than $1.5 trillion of mortgage-backed securities and the vast majority of government. government loans provides community banks with the opportunity to reach more.

Ginnie Mae today announced that issuance of its mortgage-backed securities (MBS) totaled $34 billion in April. A breakdown of April issuance includes $32.437 billion of Ginnie Mae II MBS and $1.631 billion of Ginnie Mae I MBS, which includes $1.446 billion of loans for multifamily housing.

With over 30 years of experience in the mortgage, banking, and securities industries, Tozer actively manages ginnie mae’s $1.5 trillion portfolio of mortgage-backed securities (MBS) and more than.

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Step Inside Ginnie Mae: The Ginnie Mae Model. As president of Ginnie Mae, Tozer actively manages Ginnie Mae’s $1.5 trillion portfolio of mortgage-backed securities (MBS) and more than $460 billion in annual issuance. This article originally appeared in the June 2016 print edition of National Mortgage Professional Magazine.

Tozer was responsible for the administration of Ginnie Mae’s mortgage-backed securities (MBS) programs. He had also overseen the Ginnie Mae’s enterprise-wide risk management capabilities and.

the Federal Reserve is estimated to own $1.75 trillion in agency mortgage-backed securities (MBS). The securities are issued by Freddie Mac and Fannie Mae (the GSEs), backed by conventional mortgages.

Ginnie Mae announced today that its mortgage-backed securities (MBS) portfolio reached $1.5 trillion in unpaid principal balance (UPB).

Ginnie Mae’s mortgage-backed securities (mbs) portfolio topped .5 trillion in unpaid principal balance, the company announced this week. The government-backed company, which is the only securitizer of Home Equity Conversion Mortgages, also recently rebounded slightly from a five-year low in the supply of Home equity conversion mortgage-backed securities (hmbs).

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