Meaning GOVERNMENT NATIONAL MORTGAGE ASSOCIATION (GINNIE MAE): A wholly owned U.S. government corporation within the Department of Housing ; Urban Development. Ginnie Mae guarantees the timely payment of principal and interest on securities issued by approved servicers that are collateralized by FHA-issued, VA-guaranteed, or Farmers Home Administration (FmHA)-guaranteed mortgages
More terms such as Government National Mortgage Association (Ginnie Mae) in Dictionary G.
- Definition Gnomes:
- Examples Freddie Mac's 15-year fixed-rate pass-through securities issued under its cash program government national mortgage association (ginnie mae) definition.
- Definition General Obligation Bonds:
- Examples Municipal securities secured by the issuer's pledge of its full faith, credit, and taxing power government national mortgage association (ginnie mae) explain.
- Definition Group Of Eight (G-8):
- Examples The G-7 countries plus Russia government national mortgage association (ginnie mae) what is.
- Definition Gold Fixing:
- Examples The process of determining the price of gold based on supply and demand forces of the market; which occurs twice daily in London government national mortgage association (ginnie mae) meaning.
- Definition Gross Estate:
- Examples The total value of a person's property and assets before accounting for debts, taxes, and liabilities government national mortgage association (ginnie mae) abbreviation.
