Ginnie Mae

E120168

Ginnie Mae is a U.S. government corporation that guarantees mortgage-backed securities backed by federally insured or guaranteed loans to support affordable housing and liquidity in the mortgage market.

All labels observed (3)

Label Occurrences
Ginnie Mae canonical 4
GNMA 2
Ginnie Mae mortgage-backed securities 1

How this entity was disambiguated

Statements (49)

Predicate Object
instanceOf United States government agency ⓘ
government corporation ⓘ
mortgage-backed securities guarantor ⓘ
abbreviation GNMA ⓘ
linked to: Ginnie Mae

Ginnie Mae ⓘ
approves MBS issuers ⓘ
backing full faith and credit of the United States government ⓘ
businessModel guarantee timely payment of principal and interest on MBS ⓘ
country United States ⓘ
currency United States dollar ⓘ
linked to: US dollar
dateFounded 1968 ⓘ
doesNotBuy mortgages ⓘ
doesNotIssue mortgages ⓘ
doesNotSell mortgages ⓘ
focusesOn first-time homebuyers ⓘ
low- and moderate-income borrowers ⓘ
foundedBy United States Congress ⓘ
fullName Government National Mortgage Association ⓘ
fundingModel self-financing through guarantee fees ⓘ
guarantees mortgage-backed securities backed by federally insured or guaranteed loans ⓘ
securities backed by FHA-insured mortgages ⓘ
securities backed by Public and Indian Housing loans ⓘ
securities backed by USDA Rural Development loans ⓘ
securities backed by VA-guaranteed mortgages ⓘ
headquartersLocation Washington, D.C. ⓘ
industry housing finance ⓘ
mortgage finance ⓘ
jurisdiction federal government of the United States ⓘ
legalForm wholly owned government corporation ⓘ
parentOrganization U.S. Department of Housing and Urban Development ⓘ
precededBy Federal National Mortgage Association ⓘ
linked to: Fannie Mae
primaryActivity guaranteeing mortgage-backed securities ⓘ
purpose expand access to mortgage credit ⓘ
provide liquidity in the mortgage market ⓘ
support affordable housing ⓘ
regulates standards for issuers of Ginnie Mae MBS ⓘ
riskManagement does not take credit risk on underlying borrowers ⓘ
takes counterparty risk on approved issuers ⓘ
roleInMarket enhance liquidity of government-insured mortgage loans ⓘ
facilitate securitization of government-insured mortgages ⓘ
sector public sector housing finance ⓘ
securityType pass-through mortgage-backed securities ⓘ
separatedFrom Fannie Mae ⓘ
supports Department of Veterans Affairs ⓘ
Federal Housing Administration ⓘ
Office of Public and Indian Housing ⓘ
U.S. Department of Agriculture housing programs ⓘ
targetMarket global fixed-income investors ⓘ
website https://www.ginniemae.gov ⓘ

How these facts were elicited

Referenced by (7)

Full triples — surface form annotated when it differs from this entity's canonical label.

Government National Mortgage Association → hasAlias → GNMA ⓘ
linked to: Ginnie Mae
Government National Mortgage Association → product → Ginnie Mae mortgage-backed securities ⓘ
linked to: Ginnie Mae
Ginnie Mae → abbreviation → GNMA ⓘ
linked to: Ginnie Mae
Ginnie Mae → abbreviation → Ginnie Mae ⓘ
FNM → relatedOrganization → Ginnie Mae ⓘ