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.

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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

“It’s heinous,” said Ted Tozer, immediate past president of Ginnie Mae.

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