Government National Mortgage Association

(redirected from Ginny Mae)
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Government National Mortgage Association:

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.
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References in periodicals archive ?
87-3, Accounting for Mortgage Servicing Fees and Rights, addresses determining normal servicing fee rates for transactions with federally sponsored secondary market makers of mortgage loans, such as the Government National Mortgage Association (Ginny Mae), the Federal National Mortgage Association (Fanny Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac).
New American Funding is a Fannie Mae, Freddie Mac and Ginny Mae direct seller/servicer, FHA direct endorsement and VA Automatic mortgage lender.
Treasury bond (T-bond) straddle against a straddle involving bonds of the Government National Mortgage Association, or Ginny Mae, involves the purchase of Ginny Mae contracts and simultaneous sale of T-bond contracts for settlement on the same date, entered into simultaneously with the sale of Ginny Mae contracts and purchase of T-bond contracts for settlement a given number of months later.