Annual fiscal securitizations conducted on behalf of the Government National Mortgage Association increased, while the book of business continued to grow.
The unpaid principal balance of Ginnie Mae mortgage-backed securities ended September at $1.8842 trillion, according to monthly operational data.
The government-owned corporation’s total expanded from $1.8706 trillion at the conclusion of the preceding month and $1.7281 trillion as of the same date last year.
Source: Mortgage Daily
