释义 |
Ginnie Mae, n. U.S. Finance. Brit. |ˌdʒɪnɪ ˈmeɪ|, U.S. |ˌdʒɪni ˈmeɪ| Forms: 19– Ginnie Mae, 19– Ginnie May, 19– Ginny Mae, 19– Ginny May [‹ the female forenames Ginnie (also Ginny) and Mae (also May), after the initial letters of Government National Mortgage Association (see below), on the model of Fannie Mae n. Compare slightly later Sallie Mae n., Freddie Mac n.] The Government National Mortgage Association, a U.S. government agency established in 1968 as part of the restructuring of the Federal National Mortgage Association (cf. Fannie Mae n.), which guarantees securities backed by government-insured mortgages and administers housing assistance programmes. Also: a security guaranteed by this agency. A proprietary name in the United States.
1968Wall St. Jrnl. 5 Mar. 34/2 The special programs, covering such things as housing in urban renewal areas and for the elderly, would be transferred to a new ‘little sister’ institution to be known as the Government National Mortgage Association, or ‘Ginnie Mae’. 1978A. H. Walsh Public's Business v. 134 The New York State Mortgage Agency, known in financial circles as Sonny Mae, stepbrother to the federally sponsored Fanny Mae and federally owned Ginny Mae. 1991Banker Sept. 8/2 The bank sells some $15 million a month of highly liquid, government-guaranteed Ginny Maes and other asset-backed paper to American mums and dads who usually hold them until they expire after up to 30 years. 2002St. Louis (Missouri) Post-Dispatch (Electronic ed.) 7 July c1 Denzler has the American Century Ginnie Mae Fund..in her personal 401(k) plan. Its bonds are backed by thousands of ordinary home-mortgage payments. |