Ginnie-mae



[jin-ee] /ˈdʒɪn i/

noun, Finance.
1.
.
2.
a bond or certificate sold by the .

1970, fleshed out in the form of a fem. proper name, from GNMA, acronym of Government National Mortgage Association.

noun phrase

A government agency that buys Federal Housing Administration loans from lenders and sells shares to investors

[1970+; formed from the initials GNMA, Government National Mortgage Association]

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