google bot detected Ginnie Maes | Real Estate Glossary | Realestateagent.com

Ginnie Maes


Definition of "Ginnie Maes"

William Keeler
  Dale Sorensen Real Estate

Debt securities sponsored by the Government National Mortgage Association (GNMA). The objective of the GNMA is to fund high-risk mortgages for high-risk borrowers, typically in areas approved for government construction projects that have no other funding sources. The government body also offers guarantees mortgages issued by others, such as commercial banks, mortgage banks, and insurers,



Related Real Estate Glossary terms

Related Real Estate FAQ