Ginnie Mae issuance soars to $43.5 billion in June.(Briefing Book)(Government National Mortgage Association)(Brief article)

Ginnie Mae announced that in June it blew past the $40 billion mortgage-backed securities (MBS) issuance mark for the first time in its 41-year history. For the first six months of 2009, Ginnie Mae provided nearly $207 billion in liquidity to the secondary market, compared with the nearly $107 billion for the first six months of 2008.

Joseph Murin, Ginnie Mae president, said, "Ginnie Mae's ability to provide a safe security for investors and critical liquidity for issuers is why the corporation was created more than 40 years ago."

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