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Government National Mortgage Association |
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Government National Mortgage Association: see Federal National Mortgage Association Federal National Mortgage Association (FMNA), commonly known as Fannie Mae, a privately owned and operated corporation that is the largest purchaser and guarantor of home mortgages in the country. Headquartered in Washington, D.C. ..... Click the link for more information. . How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Securities guaranteed by the Government National Mortgage Association, called GNMA securities or Ginnie Mae securities, are about as safe as Treasury bonds and have shown higher yields. Some investors are moving assets to the safe and sure, if Payden & Rygel's year-old GNMA fund is any indicator. Until the first of the year, it was in AARP GNMA and US Treasury fund. |
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