| Listed in order of safety, Ginnie Mae, Freddie Macs, and Fannie Maes are federal government agency home mortgages, which are lower risk but not as low risk as U.S. Treasuries. |
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| The MPF Program issues securities guaranteed by Ginnie Mae backed by these government mortgages. |
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| This allows Ginnie Mae investors to assume the role of mortgage lenders without any of the risks. |
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| There are also funds that blend Treasuries with government agency bonds such as Ginnie Maes to produce a higher yield. |
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| Under the bill Ginnie Mae would be able to guarantee securities backed by conventional mortgages that carry primary, extended and supplemental mortgage insurance. |
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| And much of their social life revolved around mahjong, an ancient Chinese set-matching game that Ginnie likens to gin rummy, but with domino-shaped tiles rather than cards. |
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