trending Market Intelligence /marketintelligence/en/news-insights/trending/0_eV88A_pjMfhM1Zo53raQ2 content esgSubNav
In This List

Ginnie Mae details MBS hurricane exposure

Blog

Insight Weekly: Bank boards lag on gender parity; future of office in doubt; US LNG exports leap

Blog

Insight Weekly: Job growth faces hurdles; shale firms sit on cash pile; Africa's lithium future

Podcast

Street Talk | Episode 99 - Higher rates punish bond portfolios, weigh on bank M&A

Blog

Insight Weekly: Loan growth picks up; US-China PE deals fall; France faces winter energy crunch


Ginnie Mae details MBS hurricane exposure

About 9.8% of the unpaid principal balance underlying Government National Mortgage Association's mortgage-backed securities are tied to properties in disaster areas affected by hurricanes Harvey, Irma and Maria.

These areas include the presidentially declared disaster areas in Texas, Florida, Georgia, Puerto Rico and the U.S. Virgin Islands. This number does not indicate the percentage of those properties that may have sustained damage during the storms.

In the affected areas, Ginnie Mae has $184.52 billion in total unpaid principal balance exposure.