Ginnie Mae Policies and Programs

Ginnie Mae serves as the backbone of the government lending market, as it attracts funds from the global capital markets to facilitate mortgages provided to low- and moderate-income borrowers, servicemembers and veterans, and rural households. It does so by providing a full-faith-and-credit federal guaranty on securities backed by loans insured or guaranteed by FHA, VA, and USDA. As Ginnie Mae's outstanding volume of guaranteed securities has nearly doubled in the past decade, the importance of ensuring its well-functioning operations has only risen. MBA has advocated for funding that supports technological enhancements and platform improvements at Ginnie Mae, as well as for policies that ensure smooth market functioning and set transparent expectations of issuers.