Ginnie Issuance Up Despite Multifamily Decline - The issuance of - TopicsExpress

Ginnie Issuance Up Despite Multifamily Decline - The issuance of mortgage-backed securities guaranteed by Ginnie Mae increased last month despite the second consecutive monthly slowdown in multifamily activity.Ginnie Mae issuers securitized 3 percent more in MBS during May than they did during April, according to operational data reported by the Washington, D.C.-based company.The government-owned corporation guaranteed 12 percent less in MBS last month than was guarante... ow.ly/2xtzWO

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