Ginnie Mae

Our Mission

Our mission is to bring global capital into the housing finance system - a system that runs through the core of our nation's economy - while minimizing risk to the taxpayer.

For 50 years, Ginnie Mae has provided liquidity and stability, serving as the principal financing arm for government mortgage loans and ensuring that mortgage lenders have the necessary funds to provide loans to customers.

Featured

Ginnie in Brief 11/30/2020

Looking Ahead at Ginnie Mae

When Secretary Carson asked me to lead Ginnie Mae in October of 2019, I could have never predicted the year to come. Read more of this blogpost here.

The Ginnie Mae Difference

Since 1968, Ginnie Mae has leveraged the government guaranty at minimal cost and risk to the American taxpayer, while dramatically lowering the cost of finding a home for millions of households. Here’s how Ginnie supports the housing market:

67Percent

Of the People Ginnie Mae served in 2019 were first-time home buyers

20Million

Single family households Ginnie Mae financed over the last 10 years

$2.1Trillion

Our MBS portfolio balance provides crucial support to the housing market

648,146Loans

issued to veteran homebuyers in 2019