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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.

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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.