GNMA


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Related to GNMA: FNMA, Gmail
AcronymDefinition
GNMAGovernment National Mortgage Association (aka GINNIE MAE)
GNMAGarland Neighborhood Management Academy (Garland, TX)
References in periodicals archive ?
AARP offers several funds, and three of them appeal to me - GNMA and US Treasury, Balanced Stock and Bond, and Growth and Income.
In this case, the after-tax yield of the GNMA bonds would be 6.
Under this assumption, the weighted average holding period for payments received by GNMA and FNMA servicers is 0.
Consequently, borrowers whose loans are securitized by GNMA are also likely to differ from those whose loans are sold to or securitized by FNMA or FHLMC.
The corresponding trends in behavior between participants in the GNMA and MRB programs can partially be linked to similarities in borrower profiles.
Mortgage-backed, pass-through securities guaranteed by GNMA are risk weighted at 0 percent because GNMA is explicitly backed by the full faith and credit of the United States.
One exception was the $120 million Dreyfus Basic GNMA (Nasdaq: DIGFX) fund, in first place with a year-to-date cumulative total return of 3.
For example, every mortgage banker has to perform the same activities to service GNMA loans.
Many issues of mortgage-backed securities are either guaranteed directly by GNMA, a government agency backed by the full faith and credit of the U.
One no-load choice is Vanguard's GNMA (800-62-2739), which invests in Ginnie Maes or collections of home mortgages that the U.
The Mortgage Bankers Association of America (MBA) is anticipating the upcoming GNMA REMIC program.