Residential funders issued $34.7 billion of Ginnie Mae-backed MBS in June, down nearly $2 billion from the month prior, but a 32% spike from a year ago, according to new figures released by the agency.

The new report shows that issuers securitized $26.5 billion of single-family mortgages in Ginnie Mae II pools and $5.7 billion of Ginnie I pools. 

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