Its
borrowers
include

first-time
homebuyers,

veterans,

seniors,
and
residents
of
urban,
rural
and
tribal
communities.

Total
MBS
issuance
for
fiscal
year
2025
reached
$526.4
billion,
driving
a
7.2%
year-over-year
increase
in

Ginnie
Mae’s
outstanding
portfolio.
The
portfolio
grew
by
$190.9
billion
to
more
than
$2.8
trillion
at
the
end
of
September,
according
to
the
report.

“The
continued
strong
demand
for
the
Ginnie
Mae
MBS
program
creates
affordability
for
the
American
people,”
said

Scott
Turner,
secretary
of
the

U.S.
Department
of
Housing
and
Urban
Development
(HUD).
“Ginnie
Mae’s
performance
highlights
the
value
of
HUD’s
housing
finance
programs
in
making
the
American
Dream
possible
for
millions
of
Americans.”

Ginnie
Mae
reported
“strong
operational
results”
and
received
an
unmodified
audit
opinion
for
the
sixth
consecutive
year.
It
manages
a
growing
portfolio
backed
by
programs
from
the

Federal
Housing
Administration
(FHA),
the

Department
of
Veterans
Affairs
(VA),
the

Department
of
Agriculture’s
Rural
Development
program,
and
HUD’s
Office
of
Public
and
Indian
Housing.

“Ginnie
Mae’s
work
in
fiscal
year
2025
reflects
a
clear
focus
on
our
mission
of
ensuring
access
to
affordable
mortgage
credit,”
Ginnie
Mae
President

Joseph
Gormley
said.
“By
strengthening
operations,
enhancing

cybersecurity,
and
maintaining
disciplined
risk
management,
we
reinforced
market
confidence
and
attracted
global
capital
to
support
affordable
lending
for
American
homeowners
in
every
market
environment.”

The
association
also
advanced
modernization,
cybersecurity
and
transparency
initiatives
by
expanding
the
adoption
of
digital
collateral
through
its
internal
program.

Ginnie
Mae
said
that
it
surpassed
its
fiscal
year
goals
with
more
than
300,000

eNotes
securitized
and
$84.4
billion
in
issuance
by
August
2025.