Government National Mortgage Association
From ACT Wiki
Mortgages - mortgage-backed securities - United States.
(GNMA, or Ginnie Mae).
Ginnie Mae is a US government owned corporation, established to expand the secondary mortgage market.
It guarantees mortgage-backed securities insured or guaranteed by US federal agencies.
It was founded in in 1968 and is headquartered in Washington DC.
See also
- Federal
- Federal Home Loan Mortgage Corporation (FHLMC)
- Federal National Mortgage Association (FNMA)
- Foreclosure
- Guarantee
- Insurance
- Mortgage
- Mortgage-backed securities
- Secondary market
- Securitisation
- Security
- United States
