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  • Word comparison: Ginnie Mae vs. Fannie Mae

Ginnie Mae vs. Fannie Mae

Ginnie Mae

noun

Finance.

  1. Government National Mortgage Association.

  2. a bond or certificate sold by the Government National Mortgage Association.

Fannie Mae

noun

  1. Federal National Mortgage Association.

  2. any of the publicly traded securities collateralized by a pool of mortgages backed by the Federal National Mortgage Association.