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 3
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 Ginnie Mae self-linksurface differs
surface form: GNMA

Ginnie Mae self-link
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 of America
surface form: United States
currency US dollar
surface form: United States 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 United States government
surface form: federal government of the United States
legalForm wholly owned government corporation
parentOrganization United States Department of Housing and Urban Development
surface form: U.S. Department of Housing and Urban Development
precededBy Fannie Mae
surface form: Federal National Mortgage Association
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 United States Department of Veterans Affairs
surface form: Department of Veterans Affairs

Federal Housing Administration
HUD Office of Public and Indian Housing
surface form: 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 (6)

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

Government National Mortgage Association hasAlias Ginnie Mae
this entity surface form: GNMA
Government National Mortgage Association product Ginnie Mae
this entity surface form: Ginnie Mae mortgage-backed securities
Ginnie Mae abbreviation Ginnie Mae self-linksurface differs
this entity surface form: GNMA
Ginnie Mae abbreviation Ginnie Mae self-link
FNM relatedOrganization Ginnie Mae