Ginnie is a nickname often used to refer to the Government National Mortgage Association (GNMA), a U.S. government agency. Established in 1968, Ginnie Mae plays a crucial role in the housing finance system by guaranteeing mortgage-backed securities. This helps to ensure that lenders have access to capital, making it easier for individuals to obtain home loans. Ginnie Mae primarily focuses on loans backed by the Federal Housing Administration (FHA) and the Department of Veterans Affairs (VA). By providing these guarantees, Ginnie Mae helps to promote affordable housing and stabilize the housing market, benefiting both borrowers and investors.