单词 | ginnie mae |
释义 | Ginnie Maen. U.S. Finance. 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. ΘΚΠ society > trade and finance > financial dealings > moneylending > [noun] > one who lends money > a (type of) loan-society loan-society1835 credit union1843 credit agency1861 Fannie Mae1948 Ginnie Mae1968 Sallie Mae1970 Freddie Mac1971 society > authority > rule or government > ruler or governor > a or the government > government department or agency > [noun] > U.S. government department or agency > specific Navy Department1779 State Department1790 Indian bureau1824 Bureau of Indian Affairs1826 department of state1890 consumer unit1933 Foggy Bottom1947 state1952 U.S.I.A.1953 Ginnie Mae1968 1968 Las Vegas Sun 25 Feb. 31/1 Tentative legislation has been drafted which would partition the Federal National Mortgage Association into two corporations—Fannie Mae and Ginnie Mae—the first ‘privately-owned’ and the latter government-owned. 1968 Wall 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’. 1978 A. 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. 1991 Banker 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. 2002 St. 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. This entry has been updated (OED Third Edition, June 2017; most recently modified version published online March 2022). < n.1968 |
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