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  2. Government National Mortgage Association - Wikipedia

    en.wikipedia.org/wiki/Government_National...

    Ginnie Mae, formerly the Government National Mortgage Association, which originally only provided insurance for bonds issued by FHA and VA mortgages in special affordable housing programs. [3] In 1970, Ginnie Mae became the first organization to create and guarantee MBS products and has continued to provide mortgage funds for homebuyers ever since.

  3. What is Ginnie Mae? - AOL

    www.aol.com/finance/ginnie-mae-190105771.html

    Ginnie Mae’s mortgage-backed securities are backed by the full faith and credit of the U.S. government, similar to Treasury bonds, meaning they are one of the safest investments anyone can make ...

  4. Mortgage industry of the United States - Wikipedia

    en.wikipedia.org/wiki/Mortgage_industry_of_the...

    Over the past several years, use of "automated underwriting" statistical models has reduced the amount of documentation required from many borrowers. Such automated underwriting engines include Freddie Mac's "Loan Product Advisor" (fka "Loan Prospector") and Fannie Mae's "Desktop Underwriter". For borrowers who have excellent credit and very ...

  5. Residential mortgage-backed security - Wikipedia

    en.wikipedia.org/wiki/Residential_mortgage...

    Residential mortgage-backed security (RMBS) are a type of mortgage-backed security backed by residential real estate mortgages. [1]Bonds securitizing mortgages are usually treated as a separate class, making reference to the general package of financial agreements that typically represents cash yields that are paid to investors and that are supported by cash payments received from homeowners ...

  6. What Is Ginnie Mae (GNMA)? - AOL

    www.aol.com/finance/ginnie-mae-gnma-153918955.html

    Ginnie Mae is a corporation owned by the U.S. government that guarantees timely payments on home loans that have been made under various federal housing programs and packaged into mortgage-backed ...

  7. Ginnie Mae vs. Fannie Mae: Key Differences - AOL

    www.aol.com/finance/ginnie-mae-vs-fannie-mae...

    Ginnie Mae and Fannie Mae are both key players in the home mortgage business. The two organizations help make home loans available and affordable by increasing lenders' access to funds through the ...

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