A bond issued by the Government National Mortgage Association.

Government National Mortgage Association. Also referred to as "Ginnie Mae". An agency of the federal Department of Housing and Urban Development empowered to provide assistance in financing home mortgages. GNMA is responsible for management and liquidation of federally owned mortgage portfolios, and issues bonds that are secured by single family mortgages, and guaranteed by the full faith and credit of the U.S. Government. (Payment of principal and interest are backed by the full faith & credit of the U.S. goverment but does not eliminate market risk).

Government National Mortgage Association. A federal government-sponsored enterprise that issues securities backed by a pool of mortgages and guaranteed by GNMA, which passes through to investors the principal and interest payments of homeowners.

A government agency (also called "Ginnie Mae") with in the Department of Housing and Urban Development (HUD).

Government National Mortgage Association. A government agency part of the Department of Housing and Urban Development (HUD) that buys VA and FHA loans from lenders, securitizes them, and sells them to investors.

A wholly owned U.S. Government agency within the Department of Housing and Urban Development that guarantees the timely payment of principal and interest on securities backed by pools of FHA-guaranteed or VA-insured residential mortgage loans. GNMA securities are backed by the full faith and credit of the U.S. government.

Governmental National Mortgage Association. A federal agency within the Department of Housing and Urban Development (HUD) that guarantees the timely payment of principal and interest for mortgage-backed securities backed by FHA-insured, and VA-guaranteed mortgages.

Also known as "Ginnie Mae," provides sources of funds for FHA and VA residential mortgages.

Invest in mortgage securities backed by the Government National Mortgage Associating (GNMA).

GNMA is a government owned secondary market investor that purchases FHA and VA mortgage loans from mortgage bankers and other financial institutions. Also known as "Ginnie Mae."

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.

Is the Government National Mortgage Association or Ginnie Mae.

A government association which provides a secondary market for housing mortgages and special assistance to mortgagee financing housing under special FHA mortgage insurance programs. (Back to Terms list)

Government National Mortgage Association , a government corporation which provides a secondary market for housing mortgages and special assistance to mortgagee financing housing under special FHA mortgage insurance programs.

A government-owned corporation that assumed responsibility for the special assistance loan program formerly administered by Fannie Mae. Popularly known as Ginnie Mae.

Government National Mortgage Association. an agency within the U.S. Department of Housing and Urban Development that buys mortgages from lending institutions and pools them to form securities, known as "Ginnie Maes," which are then sold to investors.

Government National Mortgage Association. Also known as Ginnie Mae. Provides sources of funds for residential mortgages, insured or guaranteed by the FHA or VA.

Government National Mortgage Association. Commonly known as Ginnie Mae, this agency buys home loans from lenders, pools them with other loans and sells shares to investors. Unlike similar agencies Fannie Mae and Freddie Mac, Ginnie Mae only purchases loans backed by the federal government.

Fixed-income securities that represent an undivided interest in a pool of federally insured mortgages put together by GNMA, the Government National Mortgage Association.

Government National Mortgage Association. Also known as 'Ginnie Mae.' A government corporation that provides special assistance for the purchase of certain FHA and VA mortgages and guarantees securities based by pools of mortgage loans.

Nicknamed Ginnie Mae, the Government National Mortgage Association is a government owned corporation with the authority to fully guarantee the full and timely payment of all monthly principal and interest payments on the mortgage backed securities collateralized by registered holders.

Government National Mortgage Association . The government owned entity that was established to take over some of the FNMA functions. Unlike the FNMA its paper bears a government guarantee.

Government National Mortgage Association. Government agency created in 1968; Insures mortgage-backed securities based on FHA and VA loans.

Ginnie Mae Good Repair Government National Mortgage Association Grace Period Grant Grant Deed Grantee Grantor Guarantee

Government National Mortgage Association (Ginnie Mae) is a wholly-owned corporate instrumentality of the United States within the Department of Housing and Urban Development (HUD). GNMA is charged with providing a guaranty to mortgage-backed securities which are backed by a pool of mortgage loans insured by FHA, VA, or USRD.

Government National Mortgage Association. A federal association, working with F.H.A., which offers special assistance in obtaining mortgages, and purchases mortgages in a secondary capacity.

Also known as Ginnie Mae. 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. Created in 1968 as a wholly owned corporation within the Department of Housing and Urban Development (HUD), its purpose being to serve moderate to low income homebuyers.

Government National Mortgage Association. A federal agency created in 1968 when the Federal National Mortgage association (FNMA) was partitioned into two separate corporations. "Ginnie Mae," as it is popularly called, is a corporation without capital stock and is a division of HUD. The GNMA operates the special assistance aspects of federally aided housing programs and has the management and liquidating functions of the old FNMA. The FNMA is authorized to issue and sell securities backed by a portion of its mortgage portfolio, with the GNMA guaranteeing payment on such securities. Ginnie Mae Online

Government National Mortgage Association. A federal corporation popularly known as Ginnie Mae. It is mainly involved in the administration of the mortgage-backed securities program and other federal programs.

Government National Mortgage Association is a quasi federal agency specializing in the securitization of mortgage back securities comprised of FHA and VA insured mortgages.

Government National Mortgage Association. Title Insurance

Government National Mortgage Association. A government-owned corporation within the U.S. Department of Housing and Urban Development, it is also referred to as 'Ginnie Mae,'. This government agency guarantees the payment of principal and interest on all of its pass-through securities, and its guarantee is backed in turn by the full faith and credit of the U.S. Government.

Goverment National Mortgage Association. Also known as Ginnie Mae.

Government National Mortgage Association; created in 1968 to take over special assistance and liquidation functions of FNMA; participates in the secondary market through its mortgage-backed securities pools.

GOVERNMENT NATIONAL MORTGAGE ASSOCIATION. The government agency which provides funding for all or parts of certain residential mortgage loans.

GOVERNMENT NATIONAL MORTGAGE ASSOCIATIN. Ginnie Mae: A wholly owned government corporation within the Department of Housing and Urban Development. It help raise funds for the mortgage market by guaranteeing securities backed by pools of mortgages.

Government National Mortgage Association. A type of flexible-payment mortgage where the payments increase for a specified period of time and then level off. This type of mortgage has negative amortization built into it.

GOVERNMENT NATIONAL MORTGAGE ASSOCIATION. Provides sources of funds for residential mortgages, insured or guaranteed by FHA or VA. Also known as Ginnie Mae.

Government National Mortgage Association. Also referred to as "Ginnie Mae," 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.

See Government National Mortgage Association.

Government National Mortgage Association. A government corporation that provides primary mortgages through bond issuances. Its securities are called Ginnie Maes.

Government National Mortgage Association. Called "Ginnie Mae"; a government part of the secondary market that deals primarily in recycling VA and FHA mortgages, particularly those that are highly leveraged.

Government National Mortgage Association. A government-owned corporation within the U.S. Department of Housing and Urban Development (HUD). Created by Congress in 1968, GNMA has responsibility for the special assistance loan program known as Ginnie Mae. Back

Government National Mortgage Association. A government-backed corporation which sells securities to raise money to subsidize loans. (Known as Ginnie Mae.)

GOVERNMENT NATIONAL MORTGAGE ASSOCIATION. A government organization to assist in housing finance. There are 2 main programs: 1. to guarantee payments to investors in mortgage-backed securities 2. to absorb the write-down of low-interest rate loans that are used to finance low-income housing

Government National Mortgage Association. See Ginnie Mae.

Governmental National Mortgage Association (“Ginnie Mae”).

Government National Mortgage Association. Ginnie Mae” is a governmental part of the secondary market that deals primarily in recycling VA and FHA mortgages, particularly those which are highly leveraged (e.g. no or low down payment).

Government National Mortgage Association. This government agency buys home loans from lenders, pools them with other loans and sells shares to investors. However, unlike Fannie Mae and Freddie Mac, Ginnie Mae only purchases loans backed by the federal government. (Commonly known as Ginnie Mae)

Nickname for the Government National Mortgage Association. GNMA is a government corporation which sell securities backed by pools of mortgages. Generally yielding more than Treasury securities, GNMAs are subject to interest rate risk beyond that of other bonds. If interest rates drop far enough, many mortgage holders will prepay their loans and refinance, leaving the investor with cash that must be reinvested at lower rates.

Government National Mortgage Association (Ginnie Mae) is a wholly owned U.S. Government Corporation within the U.S. Department of Housing and Urban Development. GNMA guarantees the timely payment of principal and interest on all of its mortgage backed securities. The guarantee is backed by the "Full Faith and Credit" of the U.S. Government.

The Government National Mortgage Association, or "Ginnie Mae," is a government agency supervised by HUD. At the time of its creation GNMA, in effect, replaced FNMA when FNMA became privately owned. A primary function of GNMA is to promote investment by guaranteeing the payment of principal and interest on FHA and VA mortgages. It carries out this function through its mortgage-backed securities program.

GOVERNMENT NATIONAL MORTGAGE ASSOCIATION. An offshoot of the FNMA, a wholly-owned government corporation (operated by the Department of Housing and Urban Development - HUD) that provides primary mortgages through bond issuances carrying no tax exemptions.

Government National Mortgage Association. A government corporation, supervised by the Department of Housing and Urban Development, that provides special assistance for the purchase of certain FHA and VA mortgages, and guarantees securities backed by pools of mortgages loans; commonly called Ginnie Mae.

GOVERNMENT NATIONAL MORTGAGE ASSOCIATION. On Sept.1, 1968, Congress enacted legislation to partition GNMA into two continuing corporate entities. GNMA has assumed responsibility for the special assistance loan program and the management and liquidation function of the older FNMA. Also, GNMA administers the mortgage-backed securities program which channels new sources of funds into residential financing through the sale of privately issued securities carrying a GNMA guaranty. Popularly known as Ginnie Mae.

Nicknamed Ginnie Mae, a government-owned corporation that is an agency of the Department of Housing and Urban Development. Ginnie Maes are pools of residential mortgages. GNMA guarantees, with the full faith and credit of the US Government, that investors will receive full and timely principal and interest payments even if mortgages in the pool are not paid on a timely basis. See: Federal National Mortgage Association; Full Faith And Credit; Ginnie Mae Pass Through; Principal

Acronym - Government National Mortgage Association, also known as "Ginnie Mae"

GOVERNMENT NATIONAL MORTGAGE ASSOCIATION. Often called "Ginny Mae." A government investor in mortgage secured debt.

Stands for Government National Mortgage Association or "Ginnie Mae". This is a federal agency which backs home loan mortgages. A wholly-owned U.S. Government cooperation within the Department of Housing and Urban Development, established in 1968 as a spin-off from the Federal National Mortgage Association (FNMA). GNMA took over the assets and liabilities and operations of the Special Assistance Functions and the Management and Liquidating functions of FNMA. GNMA can raise funds by issuing securities backed by pools of mortgages. Primary functions of GNMA are the purchase and sale of certain FHA and VA mortgages pursuant to various programs for support of the housing market, and the guaranteeing of mortgage-backed securities issued against pools of FHA and VA mortgages.

Government National Mortgage Association. Provide funds for residential mortgages which insured or guaranteed by FHA or VA. More commonly known as "Ginnie Mae"

Government National Mortgage Association. 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 high credit standing.

A mortgage-backed securities program in which individual mortgage lending firms issue securities and pass principal and interest payments directly to the holders, whether or not the mortgagor makes the monthly payment. GNMA mortgage-backed securities are backed by the "full faith and credit" of the U.S. government.

GOVERNMENT NATIONAL MORTGAGE ASSOCIATION. 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 the mortgages that are insured or guaranteed by other government agencies. Also called Ginnie Mae.

Government National Mortgage Association. A quasi-governmental organization organized when FNMA was split into two divisions in 1968. GNMA administers and guarantees mortgage-backed securities.

Government National Mortgage Association. A government-owned corporation within the U.S. Department of Housing and Urban Development (HUD). Created in 1968, GNMA assumed responsibility for the special assistance loan program formerly administered by FNMA. Commonly called Ginnie Mae.