Ginnie Mae Issues Over $40B in MBS Loans for First Time in 41-Year History

By Anuradha Kher, Online News EditorWashington, D.C. –The Government National Mortgage Association (Ginnie Mae) has announced that it issued more than $43 billion in mortgage-backed securities (MBS) in June. For the first six months of calendar year 2009, Ginnie Mae provided nearly $207 billion of liquidity to the secondary market,