Plan to start buying the bonds itself; Aim of competing with Federal Home Loan banks; Remarks from Ginnie Mae executive vice president, George S. Anderson, on provisions allowing Ginnie Mae to buy its own mortgage-backed bonds.BERGQUIST
The Government National Mortgage Association (Ginnie Mae) is one commonly known issuer of agency bonds. Government-sponsored enterprise bonds (GSE bonds) are issued by entities chartered by Congress to perform public functions, such as providing affordable housing or agricultural loans. The Federal ...
When you buy foreign bonds you expose yourself to currency risk. If the euro loses value against the dollar, your investment loses value with it. Due to currency fluctuations, foreign bonds are more volatile than U.S. issued bonds. Additionally, unlike some bonds issued in the U.S., earnin...
Fannie Mae (FNMA) The Federal National Mortgage Association, which is a congressionally chartered, shareholder-owned company that is the nation's largest supplier of home mortgage funds. For a discussion of the roles of Fannie Mae, Freddie Mac (FHLMC), and Ginnie Mae (GNMA), see the Library...
Ginnie Wants to Buy Own Bonds to Counter Home Loan BanksSAN DIEGO - Ginnie Mae announced a package of initiatives this week to improve liquidity and...Bergquist, Erick
The average fund invested in securities backed by the Government National Mortgage Association (Ginnie Mae) is down by more than 3 percent.That's not what investors bargained for. Many of you bought bond funds as substitutes for certificates of deposit. This was safe money that you didn't ...