Government National Mortgage Association

The Government National Mortgage Association (GNMA), commonly known as Ginnie Mae, is a U.S. government agency that guarantees mortgage-backed securities made up of home loans. By backing these securities, Ginnie Mae helps ensure that investors receive timely payments, which in turn encourages lenders to make more loans to homebuyers. This process boosts the availability of affordable housing and supports the nation's housing market. Unlike other entities, Ginnie Mae’s securities are backed by the full faith and credit of the U.S. government, making them a safe investment option.