Ginnie Maes: An investment guaranteed by the United States government.
With the security of guaranteed fixed, timely interest and principal payments regardless of declines in the housing market, increases in unemployment or difficulties at issuing financial firms investments in Ginnie Mae securities are among the safest on the market.
Our strength lies in our guaranty: Ginnie Mae is the only agency to offer mortgage-backed securities backed by the full faith and credit of the United States government.
In addition to traditional mortgage-backed pass-through securities, Ginnie Mae also administers the multiclass securities program, under which Real Estate Mortgage Investment Conduits (REMICs) and Ginnie Mae Platinum Securities are issued.
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