GNMA Midget

Business / Finance / GNMA Midget: Tendency toward a worldwide investment environment, and the integration of national capital markets.

GNMA-I

Business / Finance / GNMA-I: A GNMA pass-through certificate backed by fixed-rate mortgages with a 15-year maturity. GNMA Midget is a dealer term and is not used by GNMA in the formal description of its programs. MORE

Government National Mortgage Association (GNMA)

Business / Real Estate / Government National Mortgage Association (GNMA): A federal agency created in 1968 when the Federal National Mortgage association (FNMA) was partitioned into two separate corporations. Ginnie Mae, as it is popularly called, is a corporation without c MORE

GNMA-II

Business / Finance / GNMA-II: Mortgage-backed securities (M.B.S.) on which registered holders receive separate principal and interest payments on each of their certificates, usually directly from the servicer of the M.B.S. pool. G MORE

GNMA Midget

Business / Finance / GNMA Midget: Tendency toward a worldwide investment environment, and the integration of national capital markets. MORE

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