Ginnie Mae securities are mortgage-backed securities that are guaranteed by the Government National Mortgage Association (GNMA). They are considered to be a safe investment because they are backed by the full faith and credit of the United States government. Ginnie Mae securities are available in a variety of maturities, from one month to 30 years, and they can be purchased through a broker or dealer.
Ginnie Mae securities offer a number of benefits to investors. First, they are considered to be a very safe investment because they are backed by the U.S. government. Second, they offer a competitive rate of return. Third, they are relatively liquid, meaning that they can be easily bought and sold.