Definitions

from The American Heritage® Dictionary of the English Language, 5th Edition.

  • noun A security issued by the Government National Mortgage Association and secured by mortgages serviced by certain federal agencies.

from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • proper noun US Government National Mortgage Association

Etymologies

from The American Heritage® Dictionary of the English Language, 4th Edition

[Alteration of G(overnment) N(ational) M(ortgage) A(ssociation).]

from Wiktionary, Creative Commons Attribution/Share-Alike License

Girls' names containing the letters GNMA of the abbreviation in sequence. Compare Fannie Mae, Freddie Mac.

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Examples

  • Ginnie Mae is short for Government National Mortgage Association.

    reyna elena dot com 2008

  • Robert P. Kalish, 79, a retired executive with the Government National Mortgage Association, known as Ginnie Mae, died of renal failure June 29 at Casey House hospice in Rockville.

    Arthur Close; Charles Guill; Robert Kalish; Helen Loerke; B. Harry McKeehan; Linda Morin; Arma Northup 2010

  • Central banks have historically been among the largest buyers of mortgage-backed securities, particularly those issued by the government-backed agencies, such as the Government National Mortgage Association, known as Ginnie Mae, in the U.S.

    Central banks helping 2008

  • Today in the U.S., over half of all mortgages are securitized by Ginnie Mae, which issues standardized securities.

    Denmark Offers a Model Mortgage Market 2008

  • Ginnie Mae, which is based in Washington and formally named the Government National Mortgage Association, was created in 1968 as a U.S. government-owned corporation and issued the first mortgage-backed security two years later.

    BusinessWeek.com -- Top News 2011

  • Colorado Housing and Finance Authority has found a new way to finance its programs by forming a partnership with the Government National Mortgage Association, also known as Ginnie Mae, to bundle its loans and sell securities backed by mortgages.

    unknown title 2009

  • Right now, he's focused on low-risk assets, such as Ginnie Mae securities and short-term bonds.

    NEW ANGLES FOR STOCKS 2007

  • Government, such as Ginnie Mae, or guaranteed by federally sponsored enterprises, such as Fannie Mae or Freddie Mac.

    The Earth Times Online Newspaper 2010

  • Government, such as Ginnie Mae, or guaranteed by federally sponsored enterprises, such as Fannie Mae or Freddie Mac.

    Business Wire Travel News 2010

  • For most people, the best way to invest in mortgages is through pools of mortgages backed by a federal agency, such as Ginnie Mae,

    USATODAY.com Weather News 2010

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