Ginnie Mae
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- Informal Government National Mortgage Association: a federal agency which purchases mortgages from lending institutions with funds raised by the sale of government-backed securities
- pl. Ginnie Maes any of the securities issued by this agency
See Ginnie Mae in American Heritage Dictionary 4
(jĭnˈē māˈ)
noun A security issued by the Government National Mortgage Association and secured by mortgages serviced by certain federal agencies.
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