MBS Represent ‘Strong Source of Capital’ for Homeowners

Ginnie Mae on Tuesday announced that mortgage-backed securities (MBS) have continuously been a “strong source of capital for America’s homeowners.” The company, which funds government-backed loans, reports more than $76.2 billion of securities issued in November, the fifth consecutive month issuance topped $70 billion. The November numbers represent home financing for more than 274,000 households, …

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Source: DS News

2020-12-08T12:35:27-06:00