Ginnie Mae guaranteed more than $38.6 billion in MBS  over the month of October. For the first 10 months of calendar 2009, the agency provided close to $376 billion of liquidity to the secondary market, compared with $219 billion for the first 10 months of last year.

The agency also reported that in September, 3.48%  of the single-family loans in Ginnie Mae guaranteed securities were 90-days or more delinquent, which dropped slightly from 3.70% in August and decreasing from 3.59% in December 2008, according to a release from Ginnie Mae.

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