Government National Mortgage Association (Ginnie Mae) is a government-owned corporation within the U. S. Department of Housing and Urban Development (HUD). Created by Congress on September 1, 1968, GNMA performs the same role as Fannie Mae and Freddie Mac in providing funds to lenders for making home loans. The difference is that Ginnie Mae provides funds for government loans (FHA and VA).
Barry Goldsmith
| APA | Barry Goldsmith. (2010). government national mortgage association (ginnie mae). Retrieved October 2, 2026, from http://smartdefine.org/government_national_mortgage_association_(ginnie_mae)/definitions/1155053 |
| Chicago | Barry Goldsmith. 2010. "government national mortgage association (ginnie mae)" http://smartdefine.org/government_national_mortgage_association_(ginnie_mae)/definitions/1155053 (accessed October 2, 2026). |
| Harvard | Barry Goldsmith 2010, government national mortgage association (ginnie mae), Smart Define, viewed 2 October, 2026, <http://smartdefine.org/government_national_mortgage_association_(ginnie_mae)/definitions/1155053>. |
| MLA | Barry Goldsmith. "government national mortgage association (ginnie mae)" 21 October 2010. Web. 2 October 2026. <http://smartdefine.org/government_national_mortgage_association_(ginnie_mae)/definitions/1155053> |