Volume 2014 - Number 36
September 26, 2014
Officials Play Up Growing Demand for Ginnie Mae MBS, Cite Factors for Increased Ginnie Activity
Demand in the fixed-income markets for Ginnie Mae securities continues to increase at home and abroad as the program’s deep liquidity and explicit government guaranty draw more investors, according to agency officials and MBS issuers. The relatively high proportion of purchase-money loans and first-time buyers helped Ginnie edge past Freddie Mac in recent months in terms of new issuance, noted John Getchis, head of Ginnie’s Office of Capital Markets, during the Ginnie Mae Summit held in Washington, DC, this week. “We saw...
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This weekly covers the secondary mortgage market, including mortgage-backed securities and asset-backed securities.
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