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Define Government National Mortgage Association (Ginnie Mae) in Real Estate

Government National Mortgage Association (Ginnie Mae): 

The Government National Mortgage Association, also known as Ginnie Mae, is a part of the U.S. government that helps people buy homes. It works under a bigger organization called HUD and helps make sure that loans made by other government programs, like those from the VA and FHA, are guaranteed. This means that if people who borrow money can't pay it back, Ginnie Mae will step in and make sure the lenders don't lose their money.

Example: 

For example, let's say a family gets a loan backed by the FHA to buy a house. Ginnie Mae guarantees the loan, so if the family can't make their payments, Ginnie Mae will step in and make sure the lender doesn't lose money on the loan.

"Wit & Whimsy with the Dumb Ox: Unlocking Knowledge with Rhyme:"

In the land of Homebuyers' Dreams,
A helper's there, or so it seems.
Ginnie Mae, a government friend,
Assures the lenders, on them they can depend.

Under HUD's watchful, caring eye,
Ginnie Mae helps loans to fly.
With VA and FHA by its side,
Guarantees it offers, far and wide.

When families buy homes with loans to spare,
Ginnie Mae's protection, always there.
If payments falter, and times are tough,
Ginnie Mae says, "We'll cover the rough."

In the land of Homebuyers' Dreams,
Ginnie Mae, a safety beam.