Ginnie Mae
A government corporation that guarantees mortgage-backed securities
Full Definition
Why It Matters
Understanding ginnie mae helps you make informed decisions about your mortgage. This knowledge can save you money and help you avoid common pitfalls in the homebuying process.
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Frequently Asked Questions
Ginnie Mae refers to a government corporation that guarantees mortgage-backed securities. This is an important concept in mortgage lending that affects how your loan works.
Understanding ginnie mae can help you make better decisions about your mortgage. Contact NMHL for personalized guidance on how this applies to your situation.
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