government-backed — UK US /ˈgʌvənməntbækt/ US / ɚ–/ adjective GOVERNMENT ► relating to companies and other organizations that receive support or money from a government: »government backed small business loans … Financial and business terms
Government National Mortgage Association — USA Ginnie Mae. Common term for the Government National Mortgage Association. Ginnie Mae was created by the federal government in 1968. Ginnie Mae does not buy or sell loans or issue mortgage backed securities (MBSs). It guarantees investors the… … Law dictionary
Government National Mortgage Association — The Government National Mortgage Association (GNMA, also known as Ginnie Mae) is a U.S. government owned corporation within the Department of Housing and Urban Development (HUD).Ginnie Mae provides guarantees on mortgage backed securities (MBS)… … Wikipedia
Government sponsored enterprise — The government sponsored enterprises (GSEs) are a group of financial services corporations created by the United States Congress. Their function is to enhance the flow of credit to targeted sectors of the economy and to make those segments of the … Wikipedia
Government intervention during the subprime mortgage crisis — Due to the subprime mortgage crisis, a variety of government bailouts were implemented to stabilize the financial system during late 2007 and early 2008. Governments intervened in the United States and several Western European countries, such as… … Wikipedia
Mortgage-backed security — Securities Securities Bond Stock Investment fund Derivative Structured finance Agency security … Wikipedia
Bank of America Home Loans — Type Subsidiary of Bank of America Founded 1969 (Countrywide), February 2009 (Bank of America Home Loans) Headquarters Calabasas, CA, USA (Countrywide Financial) Cha … Wikipedia
Anglo Irish Bank hidden loans controversy — For this controversy in the wider context of the Irish banking crisis, see 2008–2009 Irish banking crisis. The Anglo Irish Bank hidden loans controversy (also known as the circular transactions controversy) began in the Republic of Ireland in… … Wikipedia
Commercial mortgage-backed security — Securities Securities Bond Stock Investment fund Derivative Structured finance Agency security … Wikipedia
Ginnie Mae - Government National Mortgage Association - GNMA — A U.S. government corporation within the U.S. Department of Housing and Urban Development (HUD). Ginnie May aims to: 1. Ensure liquidity for government insured mortgages, including those insured by the Federal Housing Administration (FHA), the… … Investment dictionary
