The overall flow of cash into mutual funds largely made up of mortgage securities from the Government National Mortgage Association decreased slightly in November 2000, the latest month available.

According to the Investment Company Institute's official survey of the mutual fund industry, Ginnie Mae mortgage funds lost $190 million in new sales for November, compared to a loss of $69 million in sales for October and a loss of $292 million in November1999.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.