What is the meaning of Ginnie Mae?

Subtopics: GNMA 

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).

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APABarry Goldsmith. (2010). ginnie mae. Retrieved September 25, 2026, from http://smartdefine.org/ginnie_mae/definitions/1154923
ChicagoBarry Goldsmith. 2010. "ginnie mae" http://smartdefine.org/ginnie_mae/definitions/1154923 (accessed September 25, 2026).
HarvardBarry Goldsmith 2010, ginnie mae, Smart Define, viewed 25 September, 2026, <http://smartdefine.org/ginnie_mae/definitions/1154923>.
MLABarry Goldsmith. "ginnie mae" 21 October 2010. Web. 25 September 2026. <http://smartdefine.org/ginnie_mae/definitions/1154923>