Federal National Mortgage Association

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Related to Ginnie Mae: Fannie Mae, Ginnie Mae Funds
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Synonyms for Federal National Mortgage Association

a federally chartered corporation that purchases mortgages

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References in periodicals archive ?
Mortgage Banking interviewed Ginnie Mae President Ted Tozer in September about the many changes that have taken place on his watch.
The paper describes the five strategic views that explain Ginnie Mae's corporate focus.
"Ginnie Mae has consistently provided liquidity to the market and it is no surprise that our November MBS issuances were strong," said Joseph J.
Today almost two thirds of Ginnie Mae guaranteed securities are issued by independent mortgage banks.
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.
Investors can often purchase individual Ginnie Mae bonds for around $25,000.
(FMC), a mortgage lender, issued Ginnie Mae RMBS backed by loans it originated.
The meeting between the two leaders represents an important element of Ginnie Mae's global investor strategy, which is designed to deepen the bilateral relationship between the United States and China on affordable housing policy.
Brookfield, WI, October 15, 2014 --(PR.com)-- GSF Mortgage is pleased to announce that they have been approved as a Ginnie Mae Issuer.
Add Ginnie Mae's mortgage guarantees, and the number exceeds $6 trillion.
It has also received approval to originate loans insured by the Federal Housing Administration (FHA) and to securitise them via the Government National Mortgage Association (Ginnie Mae).
Securities will be limited to those that are guaranteed by Fannie Mae, Freddie Mac, or Ginnie Mae, and they will largely be concentrated in newly issued agency MBS.
The Federal Reserve Bank noted that Ginnie Mae began purchasing additional Mortgage Backed Securities (MBS) back in November of 2008.