fbpx
48 Meriden Rd, Suite 1, Middlefield, CT 06455
844.788.7237
info@northeast-mortgage.com

Government National Mortgage Association — GNMA (Ginnie Mae)

Created in 1968 by an amendment to Title III of the National Housing Act (12 U.S.C 1716 et seq.). This federal government corporation is a constituent part of the Department of Housing and Urban Development. Among other governmental functions, it guarantees securities backed by mortgages that are insured or guaranteed by other government agencies.