U.S. Department of Housing and Urban Development reposted this
💫 News Release: Today, Ginnie Mae released its Fiscal Year 2024 Annual Financial Report, highlighting its financial results and demonstrating extraordinary performance in strengthening the U.S. housing finance market and ensuring more Americans have meaningful opportunities to achieve homeownership. Key Highlights: 📊 Maintained five consecutive years of unmodified audit opinion, reflecting our dedication to strong financial management and transparency. 📈 Achieved $423.4 billion in mortgage-backed securities gross annual issuance, growing our outstanding portfolio to $2.64 trillion—all with fewer than 300 employees, exemplifying exceptional operational efficiency. 📊 Generated $3.1 billion in results of operations, including $1.3 billion in contributions to the U.S. Government 🏡 Supported 1.2 million households, including servicemembers, veterans, and first-time homebuyers, spanning urban centers, rural areas, and Tribal communities. Discover how Ginnie Mae provides consistent access to affordable credit throughout all market cycles and delivers value to the taxpayers while expanding opportunities for homeownership. Read the full FY24 Annual Financial Report: https://ow.ly/h9lB50UsT2i. #GinnieMae #HousingFinance #Homeownership 🏡🌟