Ginnie Mae
AmericanEtymology
Origin of Ginnie Mae
1970–75; formed from the initials GNMA; cf. Fannie Mae
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Example Sentences
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Treasuries, it also said it would replace them with cash in dollars and shorter-dated debt issued by U.S. government-sponsored enterprises, such as Ginnie Mae, Fannie Mae, and Freddie Mac, among other options.
From Barron's ● Jan. 21, 2026
Homebuyers who put less than 20% down pay, on average, 0.58% to 1.86% of the original loan amount per year for PMI, according to Genworth Mortgage Insurance, Ginnie Mae and the Urban Institute.
From Seattle Times ● Aug. 30, 2022
Michael Fratantoni, chief economist for the Mortgage Bankers Association, told me “it absolutely impacts interest rates” adversely when investors cut the prices they’ll pay for Ginnie Mae bonds.
From Washington Post ● Feb. 13, 2018
David Fender joined Larned State Hospital in August 2015, after serving a year as chief financial officer for the Government National Mortgage Association, or Ginnie Mae, a federally owned corporation that insures government-backed mortgages.
From Washington Times ● Sep. 26, 2016
Blacks and Latino borrowers are also far likelier to wind up in so-called government mortgages, which are loans backed by FHA or the Department of Veterans Affairs and bundled into Ginnie Mae mortgage securities.
From Los Angeles Times ● Jul. 8, 2015
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
