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Government National Mortgage Association/GNMA

glossary / ,

Government National Mortgage Association/GNMA 〈美〉政府国民抵押协会 联邦政府住房及城市发展部的分支机构，其业务是在二级市场上从地方贷款人手中购入住房抵押契约，然后将这些契约分类形成各种政府国民抵押协会的抵押债券向各种投资人发售，并保证向证券持有人按时偿付本金和利息。

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government national mortgage association

glossary /

Government National Mortgage Association. A federally owned corporation in the U.S. Department of Housing and Urban Development responsible for guaranteeing mortgage-backed securities composed of FHA-insured or VA-guaranteed mortgage loans. • The Association purchases, on the secondary market, residential mortgages originated by local lenders; it then issues federally insured securities backed by these mortgages. — Abbr.

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