Government National Mortgage Association

Government National Mortgage Association
Government National Mortgage Association ( GNMA)
A government-owned corporation that is part of the U.S. Department of Housing and Urban Development. GNMA provides its guarantee, backed by the full faith and credit of the United States Government, to certain mortgage-related securities. Informally but widely known as Ginnie Mae. American Banker Glossary
————
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. Bloomberg Financial Dictionary
————
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. The New York Times Financial Glossary

* * *

Government National Mortgage Association Government National Mortgage Association abbreviation GNMA Ginnie Mae

* * *

   ► See Ginnie Mae.

Financial and business terms. 2012.

Игры ⚽ Поможем написать реферат

Look at other dictionaries:

  • Government National Mortgage Association — USA Ginnie Mae. Common term for the Government National Mortgage Association. Ginnie Mae was created by the federal government in 1968. Ginnie Mae does not buy or sell loans or issue mortgage backed securities (MBSs). It guarantees investors the… …   Law dictionary

  • Government National Mortgage Association — The Government National Mortgage Association (GNMA, also known as Ginnie Mae) is a U.S. government owned corporation within the Department of Housing and Urban Development (HUD).Ginnie Mae provides guarantees on mortgage backed securities (MBS)… …   Wikipedia

  • Government National Mortgage Association —   Eng. Ginnie Mae   La government national mortgage association è un ente pubblico americano che finanzia mutui immobiliari emettendo obbligazioni garantite dagli stessi mutui. Il principale è Ginnie Mae che recentemente è venuto alla ribalta dei …   Glossario di economia e finanza

  • Government National Mortgage Association — (Ginnie Mae) Государственная национальная ипотечная ассоциация США. Государственная национальная ипотечная ассоциация «Джинни Мэй» была основана в 1968 г. и принадлежит федеральному правительству. Ценные бумаги, выпускаемые «Джинни Мэй»,… …   Ипотека. Словарь терминов

  • Government National Mortgage Association —  “GINNIE MAE” (GNMA)  Government corporation which guarantees payment on mortgage backed securities …   American business jargon

  • Government National Mortgage Association — GNMA A US government agency that guarantees payment on securities backed by mortgages granted by such national organizations as the Federal Housing Finance Board (see Federal Home Loan Banks See also Ginnie Mae) …   Big dictionary of business and management

  • Government National Mortgage Association — a U.S. government owned corporation whose chief function is to help finance government guaranteed home mortgages through the sale of bonds. Abbr.: GNMA Also called Ginnie Mae. * * * …   Universalium

  • Government National Mortgage Association — a U.S. government owned corporation whose chief function is to help finance government guaranteed home mortgages through the sale of bonds. Abbr.: GNMA Also called Ginnie Mae …   Useful english dictionary

  • Government National Mortgage Association — Agency of Federal government (division of HUD) which is primarily engaged in purchasing on the secondary market federally subsidized residential mortgages originated by local lenders, and also in guaranteeing payment of securities backed by… …   Black's law dictionary

  • Government National Mortgage Association — Agency of Federal government (division of HUD) which is primarily engaged in purchasing on the secondary market federally subsidized residential mortgages originated by local lenders, and also in guaranteeing payment of securities backed by… …   Black's law dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”