Government National Mortgage Association Stocks List
|2019-08-23||BMNM||Narrow Range Bar||Range Contraction|
|2019-08-23||BMNM||Fell Below 20 DMA||Bearish|
|2019-08-23||BNCC||Expansion Pivot Buy Setup||Bullish Swing Setup|
|2019-08-23||BNCC||MACD Bullish Signal Line Cross||Bullish|
|2019-08-23||BNCC||Crossed Above 50 DMA||Bullish|
|2019-08-23||BNCC||Crossed Above 20 DMA||Bullish|
|2019-08-23||JFBC||Calm After Storm||Range Contraction|
|2019-08-23||JFBC||Stochastic Reached Oversold||Weakness|
|2019-08-23||JFBC||Narrow Range Bar||Range Contraction|
|2019-08-23||WNRP||Non-ADX 1,2,3,4 Bullish||Bullish Swing Setup|
|2019-08-23||WNRP||Stochastic Reached Oversold||Weakness|
|2019-08-23||WNRP||Narrow Range Bar||Range Contraction|
The Government National Mortgage Association (GNMA), or Ginnie Mae, was established in the United States in 1968 to promote home ownership. As a wholly owned government corporation within the Department of Housing and Urban Development (HUD), Ginnie Mae’s mission is to expand affordable housing finance in America by linking domestic and global capitalization to the nation's housing finance markets, providing market liquidity to federally sponsored mortgage lending programs.
The Ginnie Mae guarantee allows mortgage lenders to obtain a better price for their loans in the capital markets. Lenders then can use the proceeds to make new mortgage loans available to consumers. This also helps to lower financing costs and create opportunities for sustainable, affordable housing for families seeking home ownership.