Total MBS issuance for fiscal 2025 was $526.4 billion, driving a 7.2% year-over-year increase in Ginnie Mae’s outstanding portfolio. According to the report, the portfolio grew by $190.9 billion to more than $2.8 trillion at the end of September.
“Continued strong demand for the Ginnie Mae MBS program ensures affordability for the American people,” said Scott Turner, Secretary of the U.S. Department of Housing and Urban Development (HUD). “Ginnie Mae’s achievements highlight the value of HUD’s home financing programs in making the American Dream possible for millions of Americans.”
Ginnie Mae reported “strong operating results” and received an unchanged audit opinion for the sixth year in a row. It manages a growing portfolio, supported by programs from the Federal Housing Administration (FHA), the Department of Veterans Affairs (VA), the Ministry of Agriculture‘S Rural Development Program and HUD’s Office of Public and Indian Housing.
“Ginnie Mae’s work in fiscal year 2025 reflects a clear focus on our mission to ensure access to affordable mortgage credit,” said Ginnie Mae President Joseph Gormley. “By strengthening operations, improving cybersecurity and maintaining disciplined risk management, we have strengthened market confidence and attracted global capital to support affordable lending for American homeowners in every market environment.”
The association has also promoted modernization, cybersecurity and transparency initiatives by expanding the adoption of digital collateral through its internal program.
Ginnie Mae said it exceeded its fiscal year goals with more than 300,000 eNotes securitized and $84.4 billion in issuance by August 2025.
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