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 Glossary   >   G   >   "GNMA Midget" Definition   

        GNMA Midget

A GNMA pass-through certificate backed by fixed rate mortgages with a 15 year maturity. GNMA Midget is a dealer term and is not used by GNMA in the formal description of its programs.

GNMA Midget


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GNMA Midget - A GNMA pass-through certificate backed by fixed rate mortgages with a 15 year maturity. GNMA Midget is a dealer term and is not used by GNMA in the formal description of its programs.


GNMA Midget : a gnma pass-through certificate backed by fixed rate mortgages with a 15 year maturity. gnma midget is a dealer term and is not used by gnma in the formal description of its programs.