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Ginnie Mae Today

Ginnie Mae Today. Mortgage Collaborative Conference , August 9, 2015. Ginnie Mae by the Numbers. Ginnie Mae’s relevance is evidenced in its steady, increased growth and its share of the secondary mortgage market. Ginnie Mae’s average issuance in each of last five years is $382 Billion .

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Ginnie Mae Today

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  1. Ginnie Mae Today Mortgage Collaborative Conference, August 9, 2015

  2. Ginnie Mae by the Numbers Ginnie Mae’s relevance is evidenced in its steady, increased growth and its share of the secondary mortgage market. Ginnie Mae’s average issuance in each of last five years is $382 Billion. 2015 YTD August volume now has Ginnie Mae at about 38% of total new MBS issue market. We have surpassed Freddie Mac in MBS Outstanding Our counterparty risk has changed dramatically. Our staffing level has not. Current Outstanding Ginnie Mae Securities $1.54 Trillion 433 Approved Issuers $1.5 Billion Total Profit in FY 2014 $22 Billion P & I Paid to Investors Monthly $49 Billion Monthly issuance in July (record) 130 Current Staffing Level

  3. Ginnie Mae MBS Outstanding Surges, 42 Years to Reach $1 Trillion then to $1.5 in Five Years Historic trend of growth 2007-2015 $ (Billions) Unpaid Principal Balance (UPB)

  4. New Entrants Reducing Ginnie Mae Concentration Top Issuers of Single Family MBS in FY2011 Top Issuers of Single Family MBS in FY2015 YTD* Red = Issuers that have fallen out of Top 5 since 2011 Blue = Issuers that have risen into Top 5 since 2011 *Year-to-Date as of April 2015

  5. Non-Depository vs. Depository Issuances (Single Family) Billions FY 2010 FY 2014 FY 2015 YTD* *Through April 2015

  6. Government Support of Mortgages The US Government has had a significant role in the mortgage market going back at least 30 years Single-family Mortgage Market Share Source: Federal Reserve Board of Governors

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