Ginnie Mae

American  

[jin-ee] / ˈdʒɪn i /

noun

Finance.

1. Government National Mortgage Association.

2. a bond or certificate sold by the Government National Mortgage Association.

---

Etymology

Origin of Ginnie Mae

1970–75; formed from the initials GNMA; cf. Fannie Mae

Compare meaning

How does ginnie-mae compare to similar and commonly confused words? Explore the most common comparisons:

• Ginnie Mae vs. Fannie Mae

Example Sentences

Treasuries, it also said it would replace them with cash in dollars and shorter-dated debt issued by U.S. government-sponsored enterprises, such as Ginnie Mae, Fannie Mae, and Freddie Mac, among other options.

From Barron's • Jan. 21, 2026

“These numbers confirm what households across the country already feel: America faces a deepening cost-of-living crisis,” Alanna McCargo, a nonresident fellow at the Urban Institute and the former president of Ginnie Mae, told MarketWatch.

From MarketWatch • Nov. 14, 2025

Homebuyers who put less than 20% down pay, on average, 0.58% to 1.86% of the original loan amount per year for PMI, according to Genworth Mortgage Insurance, Ginnie Mae and the Urban Institute.

From Seattle Times • Aug. 30, 2022

Michael Fratantoni, chief economist for the Mortgage Bankers Association, told me “it absolutely impacts interest rates” adversely when investors cut the prices they’ll pay for Ginnie Mae bonds.

From Washington Post • Feb. 13, 2018

Blacks and Latino borrowers are also far likelier to wind up in so-called government mortgages, which are loans backed by FHA or the Department of Veterans Affairs and bundled into Ginnie Mae mortgage securities.

From Los Angeles Times • Jul. 8, 2015