Ginnie Mae

Definition of "Ginnie Mae"
  1. A United States government agency that promotes access to home ownership by allowing mortgages to be backed by federal insurance
How to use "Ginnie Mae" in a sentence
  1. He was able to get a safer mortgage for his new home because it was backed by Ginnie Mae.
  2. With the protection of Ginnie Mae, many families have access to affordable housing loans.
  3. The financial institution decided to issue loans with the backing of Ginnie Mae to reduce the risk of default.
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