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Ginnie Issues Record $43.5bn of Monthly MBS 

Jul 13, 2009By

The Government National Mortgage Association — commonly Ginnie Mae — issued $43.5bn in mortgage-backed securities (MBS) during June. It marked the first time in Ginnie’s 41-year history when the monthly issuance surpassed $40bn, according to a corporate release. “The extraordinary strength of our MBS program clearly demonstrates the continuing need for Ginnie Mae securities in the secondary market,” said Ginnie Mae president Joseph Murin.

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