Government National Mortgage Association, commonly known as Ginnie Mae, is a government-owned corporation that guarantees mortgage-backed securities. It plays a key role in the secondary mortgage market by providing liquidity for government-insured and guaranteed mortgages.
Based in Washington, DC, Ginnie Mae works to expand affordable housing opportunities for Americans by facilitating the flow of capital into the housing finance system. It operates independently within the U.S. Department of Housing and Urban Development.
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