Ginnie Mae issues close to $45 billion in MBS in August.

Ginnie Mae announced in mid-September that it had issued more than $44.73 billion in mortgage-backed securities during the month of August. The wholly owned government corporation within HUD is running way ahead of last year in MBS issuance as homeowners are flocking to FHA loan programs.

For the first eight months of 2009, Ginnie Mae provided nearly $297 billion in liquidity to the market. That is considerably more than the $162 billion provided during the same period in the year earlier,

A Ginnie Mae release reported that Ginnie Mae single-family pools accounted for more than $25.2 billion in MBS issuance. Ginnie Mae II single-family pools totaled nearly Siq billion.

The total for single-family issuance was more than $44.2 billion in August. Ginnie Mae multifamily MBS issuance hit just shy of $518 million, the government said.