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SourceLaw Dictionary Browse Letter G

Ginnie Mae

Legal definition for Indian law research

Definition

ginnie mae


Government National Mortgage Association (GNMA); a government-owned corporation overseen by the U.S. Department of Housing and Urban Development, Ginnie Mae pools FHA-insured and VA-guaranteed loans to back securities for private investment; as With Fannie Mae and Freddie Mac, the investment income provides funding that may then be lent to eligible borrowers by lenders.



Source: U.S. Department of Housing and Urban Development


Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.

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