Government National Mortgage Association

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

One regulator, the Government National Mortgage Association, or Ginnie Mae, took some steps last year to require nonbank mortgage firms to increase their capital levels and undergo stress tests.

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The rest of the portfolio is so-called Ginnie Maes, mortgage bonds issued by the Government National Mortgage Association but backed by the U.S.

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HUD has also lost Neal Rackleff, the assistant secretary of community planning and development, and Michael Bright, the executive vice president and chief operations officer at the Government National Mortgage Association, or Ginnie Mae, in just the last two months.

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Michael Bright, executive vice president and chief operations officer at the Government National Mortgage Association, or Ginnie Mae, announced his resignation last week.

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Kasper, who Patton says she now admires, was transferred to the Government National Mortgage Association in June 2017 to serve as executive vice president.

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