As the Government National Mortgage Association’s book of business continued to grow, a month-over-month increase in issuance was recorded.

As of Aug. 31, 2017, there were $1.8706 trillion in Ginnie Mae mortgage-backed securities outstanding, according to monthly operational data.

The Washington-based organization’s book of business expanded from $1.8570 trillion a month earlier and $1.7130 trillion as of the same date last year.

Source: Mortgage Daily