Ginnie Mae investment & finance definition
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The common nickname for the Government National Mortgage Association (GNMA). Ginnie Mae guarantees pass-through securities that are backed by pools of home mortgages.
Definition
Ginnie Mae
Popular name for Government National Mortgage Association.
RELATED TERMS ...
Ginnie Mae 1. The nickname for the Government National Mortgage Association (GNMA). A government-owned corporation that acquires, packages, and resells mortgages in the form of mortgage-backed securities. 2.
Ginnie Mae. See GNMA.
GNMA See Government National Mortgage Association.
Ginnie Mae
See Government National Mortgage Association.
Good Delivery
Securities delivered to the broker from the seller, properly endorsed to be delivered to the buyer.
Ginnie Mae
Ginnie Mae - Ginnie Mae is a government owned and operated corporation active in the business adventure of specific issues. It is the governments run operation in the business of buying mortgages.
GINNIE MAE (GOVERNMENT NATIONAL MORTGAGE ASSOCIATION) - See: AGENCIES.
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: ...
Ginnie Mae - An acronym for Government National Mortgage Association, it is one of several government agencies (such as Fannie Mae, Freddie Mac, and Sallie Mae) that is permitted to issue debt for sale to the investing public. See "Fannie Mae." ...
Ginnie Mae - Nickname for the Government National Mortgage Association and the mortgage-backed securities it issues.
GNMA - See Government National Mortgage Association.
Ginnie Mae II
Pass-through mortgage securities on which registered holders receive an aggregate principal and interest payment from a central paying agent on all of their Ginnie Mae II certificates.
Ginnie mae - Government National Mortgage Association.
Ginnie Mae is a wholly owned government corporation that is within the Department of Housing and Urban Development.
Ginnie Mae Pass Through
A security backed by a pool of mortgages and guaranteed by the Government National Mortgage Association (Ginnie Mae). Homeowners make their mortgage payments to the originator of their mortgage.
Ginnie Mae:
Securities issued by the Government National Mortgage Association (GNMA) of the USA.
GLOBEX: ...
Ginnie Mae, Fannie Mae, Sallie Mae and Freddie Mac are all companies that started out as government agencies that transitioned to the private sector.
GNMA (Ginnie Mae)
A bond issued by the Government National Mortgage Association.
Good 'Til Canceled (GTC) ...
GNMAs or Ginnie Maes: An investment in a pool of mortgage securities backed by Government National Mortgage Association (GNMA) Growth Fund: Mutual fund that invests in stocks exhibiting potential for capital appreciation.
Also known as Ginnie Mae, the association buys home mortgages and packages them into mortgage securities that are then resold to investors.
Ginnie Mae mortgage funds provided at below-market rates to residential MBS buyers with FHA Section 203 and 235 loans and to developers of multifamily projects with Section 236 loans initially and later with Section 221(d)(4) loans.
FDI Act FDIC FDICIA FFB FFIEC FHA FHFB FHLB FHLBB FHLMC FIA FIBSEA FIBV FID FinCEN FIRREA FISR FIU FmHA FNMA FOCUS FOMC FORCE Forex FRA FRB FRBC FRBM FRBNY FRBSF Freddie Mac FRN FSC FSF FSLIC FTC FTR G-10 G&A GAAP GAO GATT GCR GDP GEM Ginnie Mae GMBH ...
Ginnie Mae The Government National Mortgage Association. Ginnie Mae pass-through A fixed-income security that represents an undivided interest in a pool of federally...
Agency pass-throughsMortgage pass-through securities whose principal and interest payments are guaranteed by government agencies, such as the Government National Mortgage Association ("Ginnie Mae"), ...
Congress created the Federal Reserve System and many privileged lending corporations: Fannie Mae, Freddie Mac, Ginnie Mae, Sallie Mae, the Federal Housing Administration and the Federal Home Loan Banks, to name a few.
Nicknamed Ginnie Mae, the Government National Mortgage Association is a government-sponsored enterprise that acts as a middleman in residential mortgages, particularly those for low-income housing.
Some federal agencies, including Ginnie Mae (GNMA) and the Tennessee Valley Authority (TVA), raise money by issuing bonds and short-term discount notes for sale to investors.
Most MBSs are issued by the Government National Mortgage Association (Ginnie Mae), a U.S. government agency, or the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), U.S.
A REMIC can issue mortgage securities in a wide variety of forms: securities collateralized by Government National Mortgage Association (Ginnie Mae) pass-through certificates, whole loans, ...
Agency securities are specific securities that are issued by either Ginnie Mae, Fannie Mae, Freddie Mac or the Federal Home Loan Banks.
Security backed by a pool of mortgages, such as those issued by Ginnie Mae and Freddie Mac.
Term used in options On Ginnie Mae (Government National Mortgage Association) contracts. The final Exercise price of the option accounts for the Coupon rates carried on Ginnie Mae mortgages.
When institutions like Fannie Mae, Freddie Mac and Ginnie Mae issue MBSs these MBSs are known as "agency" mortgage securities. Some private institutions also issue MBSs, and such mortgage securities are known as "private-label".
Factor Table
A table used to compute the outstanding principal on pass-through securities including Ginnie Mae, Freddie Mac and Fannie Mae.
Fannie Mae
See Federal National Mortgage Association.
Government bonds that are issued by agencies of the US Government such as FNMA (' Fannie Mae ' or Federal National Mortgage Association) bonds, GNMA (' Ginnie Mae ' or Government National Mortgage Association) bonds, ...
Private Label - A mortgage security not issued or guaranteed by a U.S. government agency (such as Ginnie Mae) or a U.S. government-sponsored enterprise (such as Fannie Mae or Freddie Mac).
Securities are available through publicly held corporations such as Fannie Mae and Freddie Mac or other financial institutions. Some of the securities are guaranteed by the Government National Mortgage Association, or Ginnie Mae.
government, creating pools of mortgages insured by either the Department of Veterans Affairs or the Federal Housing Administration and are sold to investors, commonly referred to as GNMA. Also called Ginnie Mae.
 See also: Issue, Securities, Market, Interest, Security
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