Government National Mortgage Association

E22435

The Government National Mortgage Association, commonly known as Ginnie Mae, is a U.S. government corporation that guarantees mortgage-backed securities to support affordable housing and liquidity in the mortgage market.

All labels observed (1)

Label Occurrences
Government National Mortgage Association canonical 5

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf United States federal agency
government corporation
mortgage-backed securities guarantor
aimsTo expand homeownership
stabilize mortgage markets
support rental housing
associatedWithProgram Department of Veterans Affairs home loan program
Federal Housing Administration
USDA Rural Development housing programs
country United States of America
surface form: United States
doesNotOriginate mortgages
doesNotService mortgages
focusesOn low- and moderate-income borrowers
foundedBy United States Congress
fundingModel does not use taxpayer funds for guarantees
guarantees mortgage-backed securities backed by FHA loans
mortgage-backed securities backed by USDA loans
mortgage-backed securities backed by VA loans
mortgage-backed securities backed by federally insured or guaranteed loans
hasAlias Ginnie Mae
surface form: GNMA

Ginnie Mae
hasHeadquartersLocation Washington, D.C.
hasMotto The government’s guaranty
hasOfficialWebsite https://www.ginniemae.gov
industry housing finance
mortgage finance
securitization
jurisdiction United States government
surface form: Federal government of the United States
languageOfWorkOrName English
legalForm wholly owned government corporation
marketRole enhances liquidity for government-insured mortgages
operatesIn secondary mortgage market
ownership United States government
parentOrganization United States Department of Housing and Urban Development
partOf United States Department of Housing and Urban Development
product Ginnie Mae
surface form: Ginnie Mae mortgage-backed securities

mortgage-backed securities guarantees
purpose to guarantee mortgage-backed securities
to provide liquidity in the mortgage market
to support affordable housing
regulates issuers of Ginnie Mae mortgage-backed securities
regulatoryScope national
revenueSource guarantee fees
riskModel guarantees timely payment of principal and interest to investors
sector public sector
serviceArea United States housing market
supervisingAgency United States Department of Housing and Urban Development
usesCurrency US dollar
surface form: United States dollar

How these facts were elicited

Referenced by (5)

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

United States Department of Housing and Urban Development oversees Government National Mortgage Association
Ginnie Mae fullName Government National Mortgage Association
Senate Committee on Banking, Housing, and Urban Affairs oversees Government National Mortgage Association
House Committee on Financial Services oversees Government National Mortgage Association
Federal Home Loan Mortgage Corporation Act relatesTo Government National Mortgage Association