ginnie mae in English
Ginnie Mae (Government National Mortgage Association)
U.S. Government-owned corporation that purchases mortgages from lenders and reoffers them to investors as government-guaranteed mortgage-backed securities (Finance)
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1. Ginnie Mae and mortgage bonds funds, less than 4 percent; and general bond funds, 05 percent.
2. A Conforming loan is one that meets the guidelines of the three government-sponsored enterprises (GSE): Freddie Mac, Fannie Mae and Ginnie Mae.