Washington, D.C.—Ginnie Mae’s mortgage-backed securities (MBS) portfolio outstanding grew to $2.68 trillion as of November 2024. In addition, Ginnie Mae issued nearly $50 billion in total MBS, resulting in net portfolio growth of $23.4 billion. This issuance supports the financing of more than 145,000 households, including more than 58,000 first-time homebuyers. Approximately 57 percent of single-family issuances ref​lected new home purchases.

The key highlights from the November issuance are:

• $48.5 billion of Ginnie Mae II MBS.
• $1.4 billion of Ginnie Mae I MBS, including $1.3 billion for multifamily housing loans.
• Ginnie Mae facilitating the pooling and securitization of nearly 605,000 loans for first-time homebuyers year to date.

For detailed information on monthly MBS issuance, unpaid principal balance, Real Estate Mortgage Investment Conduit issuance, and a broader analysis of global market analysis, visit Ginnie Mae Disclosures.

About Ginnie Mae

Ginnie Mae is a wholly government-owned corporation that attracts global capital into the housing finance system to support homeownership for veterans and millions of homeowners throughout the country. Ginnie Mae Mortgage-Backed Security (MBS) programs directly support housing finance programs administered by the Federal Housing Administration, the U.S. Department of Veterans Affairs, the U.S. Department of Housing and Urban Development’s Office of Public and Indian Housing, and the U.S. Department of Agriculture’s Rural Housing Service. Ginnie Mae is the only MBS to carry the explicit full faith and credit of the United States Government. Additional information about Ginnie Mae is available at www.ginniemae.gov​, X, YouTube, Facebook, and LinkedIn.