why are ginnie mae securities considered a safe investment 
ginnie mae does not buy or sell loans or issue mortgage backed securities mbs and its balance sheet doesn t use derivatives to hedge or carry long term debt 4the bottom linethe government national mortgage association gnma or ginnie mae guarantees principal and interest payments on mortgage backed securities issued by approved lenders the gnma is backed by the full faith and credit of the federal government unlike fannie mae or freddie mac ginnie mae was established in 1968 to promote affordable homeownership 