| 单词 | Ginnie Mae |
| 释义 | Ginnie Mae 1) Colloquial US name for the Government National Mortgage Association (GNMA). 2) Colloquial US name for a mortgage-supported bond issued by the Government National Mortgage Association. A Ginnie Mae pass-through is a bond backed by mortgages guaranteed by the GNMA, entitling the buyer to part of a pool of residential mortgages. These securities are called pass-throughs because the investor receives both the principal and interest from the bank or originating mortgage supplier, who retains no margin or profit. |
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