GINNIE MAE PLATINUM SECURITIES VOLUME HITS RECORD $32 BILLION IN FY 2019

摘要

Ginnie Mae's investors purchased a record $32 billion of Platinum Securities spread across 217 pools in the fiscal year that ended September 30. Platinum Securities volume in FY 2018 was approximately $20 billion. Ginnie Mae Platinum Securities are issued through the Ginnie Mae Multiclass Securities Program and provide investors of mortgage-backed securities (MBS) with greater market and operating efficiencies. Investors who hold multiple pools of MBS can combine new or existing MBS into a single Ginnie Mae Platinum Certificate. Once a Ginnie Mae Platinum Certificate has been created, it can be used efficiently in structured finance transactions, repurchase transactions and general trading.