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Government National Mortgage Association

American  

noun

  1. a U.S. government-owned corporation whose chief function is to help finance government-guaranteed home mortgages through the sale of bonds. GNMA


Example Sentences

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See Examples For:

The linkage is via a little-publicized but exceptionally important agency, the Government National Mortgage Association or Ginnie Mae.

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

For example, the Government National Mortgage Association is often called “Ginnie Mae,” and the National Railroad Passenger Corporation is better known to us as Amtrak.

From Textbooks Jan. 1, 2016

Some fund managers have loaded up on agency mortgage-backed securities, those bonds backed by mortgages guaranteed by Fannie Mae, Freddie Mac and the Government National Mortgage Association, because they offer higher yields than U.S.

From Reuters Aug. 31, 2011

In July 2009, Allen sent a letter to Government National Mortgage Association officials, explaining why Taylor Bean was late submitting the company’s audited financial reports.

From BusinessWeek Apr. 1, 2011

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