Ginnie Mae


Also found in: Dictionary, Thesaurus, Legal, Financial, Acronyms, Wikipedia.
Related to Ginnie Mae: Fannie Mae, Ginnie Mae Funds

Ginnie Mae:

see under Federal National Mortgage AssociationFederal National Mortgage Association
(FMNA), commonly known as Fannie Mae,
government-sponsored enterprise that is the largest purchaser and guarantor of home mortgages in the country. Headquartered in Washington, D.C.
..... Click the link for more information.
.
References in periodicals archive ?
Last week, Ginnie Mae announced it has notified a small group of lenders who allegedly have been abusing veterans on refinancings that they face potential exclusion from Ginnie's principal bond program if they don't stop what they've been doing.
That said, the Ginnie Mae market is complex, likely to lead to missteps by novice investors.
Ginnie Mae pioneered the MBS, guaranteeing the very first security in 1970, and raises capital from investors in the global credit markets to ensure liquidity for affordable rental and homeownership opportunities across the country.
I'm going to talk about three types of Ginnie Mae pools.
Well work with our partners to ensure we get through this together, said Michael Bright, Ginnie Mae Executive Vice President, Chief Operating Officer and Acting President.
The roundtable was part of the partnership between Ginnie Mae and JHFA, which was formalized by the signing of a Memorandum of Understanding (MOU) signed in January 2014.
Ginnie Mae President Ted Tozer told the audience that Ginnie Mae has been actively reviewing its policies to address the emergence of a new set of issuers that are increasingly not regulated depository institutions.
7 August 2013 -- Denver USA-based mortgage services provider LenderLive Network Inc said it has been approved as a Ginnie Mae issuer in the Ginnie Mae I and II single-family mortgage-backed securities programme.
The Ginnie Mae Approval comes at a pivotal time with a newly opened 18,000 square ft.
18) Ginnie Mae does not purchase loans but guarantees the timely payment of principal and interest for privately issued securities backed by FHA, FmHA, and VA loans.