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What does GNMA stand for?

GNMA stands for Government National Mortgage Association (aka GINNIE MAE)

This definition appears very frequently and is found in the following Acronym Finder categories:

  • Military and Government
  • Organizations, NGOs, schools, universities, etc.

See other definitions of GNMA

Other Resources:
We have 5 other meanings of GNMA in our Acronym Attic

Samples in periodicals archive:

87-3, Accounting for Mortgage Servicing Fees and Rights, addresses determining normal servicing fee rates for transactions with federally sponsored secondary market makers of mortgage loans, such as the Government National Mortgage Association (Ginny Mae), the Federal National Mortgage Association (Fanny Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac).
14 /PRNewswire/ -- The Government National Mortgage Association (GNMA) has reached a major landmark in its 26 year history: it has guaranteed a total of $1 trillion in mortgage-backed securities, which has helped provide mortgage loans for an estimated 17.
The securities acquired will, among other eligibility requirements, be limited to: securities that are direct obligations of, or that are fully guaranteed as to principal and interest by the Government National Mortgage Association, the Federal Home Mortgage Loan Corporation, or the Federal National Mortgage Association, and securities that are issued by any bankruptcy-remote, limited purpose issuer of residential mortgage-backed securities and that are rated 'AAA'.
In addition, all of the loans were previously included in a Government National Mortgage Association (GNMA) pool and subsequently repurchased from the GNMA pool when a delinquency was not cured for at least 90 days.