
Understanding GNMA: The Backbone of the U.S. Mortgage Market
What is GNMA? The Government National Mortgage Association (GNMA), commonly referred to as “Ginnie Mae,” is a fully-owned government corporation within the U.S. Department of Housing and Urban Development (HUD). Founded in 1968, GNMA is pivotal in the mortgage market, fostering homeownership and affordable housing through its backing ...
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