Ginnie Mae

Ginnie Mae
/jin"ee/, Finance.
2. a bond or certificate sold by the Government National Mortgage Association.
[1970-75; formed from the initials GNMA; cf. FANNIE MAE]

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  • Ginnie Mae — 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

  • Ginnie Mae — Logo. Ginnie Mae ist die in den USA populäre Bezeichnung bzw. ein Quasi Akronym für die Government National Mortgage Association (GNMA). Die Hauptaufgabe von Ginnie Mae ist die Bereitstellung von billigen Krediten für Hauskäufer und Hausbauer.… …   Deutsch Wikipedia

  • Ginnie Mae — ☆ Ginnie Mae [jin′ē mā′ ] n. 1. informal name for Government National Mortgage Association: a federal agency which purchases mortgages from lending institutions with funds raised by the sale of government backed securities pl. Ginnie Maes 2. any… …   English World dictionary

  • Ginnie Mae — 1970, fleshed out in the form of a fem. proper name, from GNMA, acronym of Government National Mortgage Association …   Etymology dictionary

  • Ginnie Mae — (Government National Mortgage Association) U.S. Government owned corporation that purchases mortgages from lenders and reoffers them to investors as government guaranteed mortgage backed securities (Finance) …   English contemporary dictionary

  • Ginnie Mae — See:Government National Mortgage Association. The New York Times Financial Glossary An informal name for the Government National Mortgage Association ( GNMA) or for securities issued by it. American Banker Glossary ( Government National Mortgage… …   Financial and business terms

  • Ginnie Mae — Gin•nie Mae [[t]ˈdʒɪn i ˈmeɪ[/t]] n. 1) bus a federal agency that helps finance government guaranteed home mortgages through the sale of securities 2) any security sold by Ginnie Mae • Etymology: 1970–75; from the initials GNMA Government… …   From formal English to slang

  • Ginnie Mae — 1) Colloquial US name for the Government National Mortgage Association (GNMA). 2) Colloquial US name for a mortgage supported bond issued by the Government National Mortgage Association. A Ginnie Mae pass through is a bond backed by mortgages… …   Big dictionary of business and management

  • Ginnie Mae - Government National Mortgage Association - GNMA — A U.S. government corporation within the U.S. Department of Housing and Urban Development (HUD). Ginnie May aims to: 1. Ensure liquidity for government insured mortgages, including those insured by the Federal Housing Administration (FHA), the… …   Investment dictionary

  • Ginnie Mae — /jin ee/, Finance. 1. See Government National Mortgage Association. 2. a bond or certificate sold by the Government National Mortgage Association. [1970 75; formed from the initials GNMA; cf. FANNIE MAE] …   Useful english dictionary

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