Ginnie Mae has released its Fiscal Year 2024 (FY24) Annual Financial Report, and the numbers and initiatives are making an impact. 

Here are a few key takeaways:

  • Ginnie Mae achieved $3.1 billion in results of operations; 
  • Ginnie Mae contributed $1.3 billion to the U.S. Government; 
  • Ginnie Mae’s record-breaking portfolio of $2.64 trillion underscored its vital role in enhancing affordability, market stability and public financial strength;
  • Ginnie Mae’s Digital Collateral Program securitized 183,000 eNotes worth $44.8 billion in FY24;
  • Ginnie Mae supported 1.2 million households across urban, rural and Tribal communities, including servicemembers, veterans and first-time homebuyers through its mortgage-backed securities (MBS) program; and
  • Ginnie Mae’s FY24 performance reinforced its mission of strengthening housing affordability, liquidity and stability while driving the mortgage market toward a more innovative future.