Ginnie Mae pass-through Definition

Ginnie Mae pass-through

Definition

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.

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Ginnie Mae pass-through is ...
... part of the Bonds and Real Estate subjects.

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