A government-owned corporation created in 1968 within the U.S. Department of Housing and Urban Development (HUD) that provides funds to lenders for making government home loans.
The Government National Mortgage Association is a wholly owned U.S. government corporation within the Department of Housing and Urban Development. Ginnie Mae was created to support a secondary market in government-insured and guaranteed mortgage loans. Ginnie Mae guarantees the timely payment of principal and interest on its securities. The full faith and credit of the United States guarantee these payments. Ginnie Mae securities are backed by pools of FHA, VA and RHS insured or guaranteed mortgages.
Government agency authorized to guarantee payments to investors for mortgage-backed securities and to absorb the cost of low interest rate loans used to finance low-income housing. Ginnie Mae helps money move into the mortgage market by pooling mortgages together and issuing securities backed by these mortgage pools. These certificates can be sold to the public, as opposed to the shipping of individual mortgages to the ultimate investor. FHA, VA, and Farmer's Home Administration loans are eligible for Ginnie Mae mortgage-backed securities.
Government National Mortgage Association. GNMA packages mortgages for resale to investors. The securities are backed by the U.S. government which makes them among the safest of investments.
Government National Mortgage Association - A government owned agency that acts as a secondary market conduit for FHA and VA loans. GNMA guarantees the timely principal and interest payments to investors.
(Government National Mortgage Association) GNMA or "Ginnie Mae," is an agency within the U.S. Department of Housing and Urban Development. A government-owned agency, it buys mortgages from lending institutions and pools them to form securities, which it then sells to investors. The agency guarantees timely payment of both interest and principal.
A governmental agency chartered for the purpose of facilitating capital formation for FHA and VA mortgage loans.
A government organization that administers mortgage-backed securities programs to channel new sources of funds into residential financing through the sale of privately issued securities.
helps more Americans buy their own homes. Ginnie Mae does not loan money for mortgages. Instead Ginnie Mae helps make mortgage-backed securities more attractive to investors thereby increasing the availability of mortgage credit.
Government National Mortgage Association. This is the federal association that works in conjunction with the FHA to offer special assistance in obtaining mortgages and purchases mortgages in the secondary market
see Government National Mortage Association
Like Fannie Mae and Freddie Mac, Ginnie Mae is a secondary lender. Ginnie Mae is a governmental agency that assembles and guarantees pools of mortgages that can be purchased by investors. Ginnie Mae accepts only FHA and VA (Veterans Administration) loans.
Government National Mortgage Association. A federal association working with the FHA that offers special assistance in obtaining mortgages and purchases mortgages in the secondary market.
Government National Mortgage Association. Government-owned corporation which is an agency of the U.S. Department of Housing and Urban Development (HUD). Nicknamed Ginnie Mae. Issuer of Ginnie Mae investment certificates.
A government-owned corporation within the U.S. Department of Housing and Urban Development (HUD). Created by Congress on September 1, 1968, GNMA performs the same role as Fannie Mae and Freddie Mac in providing funds to lenders for making home loans. The difference is that Ginnie Mae provides funds for government loans (FHA and VA).
Nichame for Government National Mortgage Association (GNHA)
also known as Government National Mortgage Association. It provides sources of funds for residential mortgages that are insured or guaranteed by FHA or VA.
See Government National Mortgage Association.
Government National Mortgage Association (also GNMA) is a wholly-owned United States corporation that guarantees privately issued securities backed by pools of mortgages insured by FHA (Federal Housing Administration), FMHA (Farmers Home Administration) or VA (Veterans Administration).
A wholly owned corporation created in 1968 within the U.S. Department of Housing and Urban Development to serve low-to moderate-income homebuyers.
Popular name for the Government National Mortgage Association.
Government National Mortgage Association. A federal association working with the FHA which offers special assistance in obtaining mortgages and pruchases mortgages in a secondary capacity.
Commonly used term for the Government National Mortgage Association (GNMA).
Government National Mortgage Association (GNMA) - Guaranteed payments, from mortgage principal and interest payments (less bank service charges), paid to investors
Nickname for Government National Mortgage Association (GNMA).
Securities issued by the Government National Mortgage Association (GNMA) of the USA.
A mortgage-backed security issued and backed by the Government National Mortgage Association (GNMA), an agency of the federal government. (See Mortgage-backed security.)
Government National Mortgage Associations works with FHA facilitating efficient secondary market activities for federally insured or guaranteed mortgages.
The Government National Mortgage Association or GNMA. A Corporation wholly owned by the U.S. government that busy mortgages from banks and other private lenders at prices better than market prices. Ginnie Mae issues and guarantees mortgage-backed bonds and pass-through certificates.
Used to identify the Government National Mortgage Association, which provides sources of funds for residential mortgages that are insured or guaranteed by FHA or VA.
A government-owned corporation within HUD. Ginnie Mae (GNMA) assumed resposibility for the special assistance loan program formerly administered by Fannie Mae.
A government-owned corporation overseen by the US Department of Housing and Urban Development Government National Mortgage Association (GNMA), pools FHA-insured and VA-guaranteed loans to back securities for private investment; Similar to Fannie Mae and Freddie Mac, the investment income provides funding that may then be lent to eligible borrowers by lenders.
Created in 1968 by an amendment to Title III of the National Housing Act (12 USC 1716 et seq.), this federal government corporation is a constituent part of the Department of Housing and Urban Development. Among other governmental functions, it guarantees securities backed by mortgages that are insured or guaranteed by other government agencies. Also called Government National Mortgage Association (GNME).
A subsidiary corporation of HUD. Ginnie Mae (GNMA) assumed responsibility for the special assistance loan program formerly administered by Fannie Mae.
Government National Mortgage Association (GNMA). On September 1, 1968, Congress enacted legislation to partition FNMA into two continuing corporate entities. GNMA has assumed responsibility for the special assistance loan program. Also, GNMA administers the mortgage-backed securities program that channels new sources of funds into residential financing through the sale of privately-issued securities carrying a GNMA guaranty.
This government agency guarantees the timely payment of principal and interest on all of its pass-through securities; its guarantee is backed in turn by the full faith and credit of the U.S. Government. Holders of Ginnie Mae-issued bonds and certificates will receive their payments promptly each month, whether or not mortgage payments are collected; they will also receive full repayment of principal even if the mortgages in the pool default.
a quasi-governmental agency that provides mortgage-backed securities; by pooling loans from FHA or VA insured loans; helps low and moderate income borrowers to obtain loans; same as Government National Mortgage Association (GNMA)
Stands for the GOVERNMENT NATIONAL MORTGAGE ASSOCIATION (GNMA) which provides sources of funds for residential mortgages, insured or guaranteed by FHA or VA
stands for Government National Mortgage Association. This is a corporation owned by the government, which buys mortgages and makes them into bonds, which can be sold to the public.
Nickname for the Government National Mortgage Association and the mortgage-backed securities it issues.
Government National Mortgage Association (GNMA) and the mortgage-backed securities issued by this agency.
Another name for the Government National Mortgage Association (GNMA), a federal agency within the Department of Housing and Urban Development (HUD) who guarantees the timely payment of principal and interest for mortgage-backed securities backed by FHA-insured and VA-guaranteed mortgages.
A government agency that sells mortgage-backed securities.
Nickname for the Government National Mortgage Association and the securities guaranteed by that agency.
Provides sources of funds for residential mortgages, insured or guaranteed by FHA or VA.. Also referred to as Government National Mortgage Association.
The Government National Mortgage Association—a federal government-sponsored enterprise which purchases government loans from lenders.
The common nickname for the Government National Mortgage Association. Ginnie Mae was created in 1968 as a wholly owned corporation within the Department of Housing and Urban Development (HUD), having been separated from Fannie Mae. Ginnie Mae does not loan money for mortgages. Instead, it operate in the secondary mortgage market, buying loans and selling mortgage-backed securities investors, which in turn, increases the availability of mortgage credit.
Government National Mortgage Association (GNMA); a government-owned corporation overseen by the U.S. Department of Housing and Urban Development, Ginnie Mae pools FHA-insured and VA-guaranteed loans to back securities for private investment; as With Fannie Mae and Freddie Mac, the investment income provides funding that may then be lent to eligible borrowers by lenders.
Government National Mortgage Association. A-E F-O P-Z
The Government National Mortgage Association (GNMA), a United States corporation that guarantees privately issued securities backed by pools of mortgages insured by the Federal Housing Administration, the Farmers Home Administration, or the Veterans Admin
Pass-through mortgage-backed certificates guaranteed by the Government National Mortgage Association (GNMA or Ginnie Mae). The certificates are backed by pools of FHA insured and/or VA guaranteed residential mortgages, with the mortgage and not held in safekeeping by a custodial financial institution. Also called G.N.M.A.s or G.N.M.A. certificates.
GNMA Government National Mortgage Association.
Ginnie Mae is the nickname for the Government National Mortgage Association. This agency issues and guarantees securities that are backed by pools of residential mortgages. Ginnie Mae guarantees that investors will receive timely principal and interest payments even if homeowners do not make their mortgage payments on time.
nickname for Government National Mortgage Association. -- View Real Estate Listings
Also known as the Government National Mortgage Association, a part of the federal Department of Housing and Urban Development that guarantees securities backed by mortgages that are insured or guaranteed by other government agencies.
Nickname for Government National Mortgage Association. These debt securities have the objective of funding high-risk mortgages for high-risk borrowers, typically in areas approved for government construction projects that have no other funding sources. The government body also buys home loans issued by others, such as commercial banks, mortgage banks, and insurers and, after pooling them together, sells shares to investors. Unlike Fannie Mae and Freddie Mac, Ginnie Maes are backed by the United States and thus have a higher credit standing.