GNMA Full Form - What is Full Form of GNMA?

GNMA full form is Government National Mortgage Association.

What is Government National Mortgage Association?

Government National Mortgage Association refers to a federal government corporation that guarantees the timely payment of principal and interest on mortgage-backed securities (MBSs) issued by approved lenders. The association is commonly known as Ginnie Mae and is abbreviated to GNMA. Ginnie Mae's assurance allows mortgage lenders to obtain a better price for MBSs in the capital markets.