Mortgage lenders issued $29.2 billion of Ginnie Mae MBS in March, up 5% from the prior month as securitizations of Jumbo and multifamily loans surged, according to new figures released by the government.

The new report showed that issuers securitized $21.6 billion of single-family mortgages in Ginnie Mae II pools and $5.3 billion of GNMA I pools.

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