A fixed-income security that represents an undivided interest in a pool of federally insured mortgages put together by Ginnie Mae. The investor in a Ginnie Mae pass-through receives both the principal and the interest from the pool of mortgages.
Related information about Ginnie Mae pass-through:
- Ginnie Mae I MBS Program Description - Ginnie Mae: For Issuers
Ginnie Mae I MBS Program Description. What are Ginnie Mae I Mortgage-Backed Securities? Ginnie Mae I MBS are modified pass-through mortgage-backed ...
- Ginnie Mae Pass-Through: Definition from Answers.com
Ginnie Mae Pass-Through Mortgage backed security giving the holder a proportional interest in a pool of residential mortgages, guaranteed by the Government.
- Ginnie Mae Pass-Through - Financial Dictionary - The Free Dictionary
A security guaranteed by the Government National Mortgage Association that is backed by a collection of mortgages, in which the investor receives the interest ...
- What is Ginnie Mae pass-through? definition and meaning
Definition of Ginnie Mae pass-through: A fixed-income security that represents ... The investor in a Ginnie Mae pass-through receives both the principal and the ...
- Ginnie Mae Pass-through Securities - Edward Jones
Government National Mortgage Association ("Ginnie Mae") pass-through securities are income investments made up of pools of FHA and VA mortgages.
- What Is a Ginnie Mae?
These government agency bonds are also sometimes called Ginnie Mae pass- through securities, since the mortgage payments pass through a bank, which ...
- ginnie mae pass-through Definition | Business Dictionaries from ...
security, backed by a pool of mortgages and guaranteed by the government national mortgage association (Ginnie Mae), which passes through to investors the ...
- General Mortgage Bond - Hewitt Financial Services - Investment ...
Ginnie Mae Pass Through A security backed by a pool of mortgages and guaranteed by the Government National Mortgage Association (Ginnie Mae).