| 单词 | ginnie mae |
| 释义 | Ginnie Mae in American English (ˈdʒɪniˈmeɪ) US 1. Informal Government National Mortgage Association: a federal agency which purchases mortgages from lending institutions with funds raised by the sale of government-backed securities 2. Word forms: plural ˈGinˈnie Maes any of the securities issued by this agency Ginnie Mae in Finance (dʒɪni meɪ) or Government National Mortgage Association noun (Finance: Mortgage) Ginnie Mae is a US government organization that buys mortgages from banks with money raised from selling government-backed securities. Ginnie Mae differs from its related bodies in that it only purchases loans backed by the federalgovernment. Ginnie Mae guarantees investors the full and timely payment of principal and interest on theirmortgage backed securities. Ginnie Mae is a US government organization that buys mortgages from banks with money raisedfrom selling government-backed securities. |
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