The FY2027 President's Budget requests $1.35B for Guarantees of Mortgage-backed Securities Capital Reserve Account, within Housing & Urban Dev's MANDATORY PROGRAMS TOTAL, NET account. That is down 1.4% on the FY2026 figure of $1.37B, which is the enacted appropriation.
FY2026–FY2027
| Fiscal year | Basis | Amount |
|---|---|---|
| FY2026 | enacted | $1,370.0M |
| FY2027 | request | $1,351.0M |
Bases are separate columns and are never summed into one figure.
Housing & Urban Dev discretionary budget authority
From the OMB Public Budget Database — clean, summable, and the figure to cite for an agency total. It is the whole of Housing & Urban Dev's discretionary request, not a total of the parsed lines above, and this page never adds the two together.
What this funds
Holds the capital reserves of Ginnie Mae's mortgage-backed securities guarantee program, which backs securities composed of federally insured or guaranteed mortgages with the full faith and credit of the U.S. Government.
Extracted from HUD Programs, p. 4. Verbatim; nothing here is paraphrased.
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Answers come from the figures on this page and nothing else. These dollars are parsed from Housing & Urban Dev's Congressional Justification and are approximate — confirm anything that matters against the cited page.
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