Borrowers include first-time homebuyers, veterans, seniors and residents of urban, rural and tribal communities. 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 […]
Trade groups representing community banks and home lenders are urging the Trump administration to allow it Fannie Mae And Freddie Mac to purchase mortgage-backed securities (MBS) to help lower mortgage rates. The idea relies on amending the Preferred Stock Purchase Agreements (PSPA) to allow the GSEs to purchase and Ginny does MBS when the spread […]