Pass-Through Securities

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January 1, 1 6 min read Definitions

Ginnie Mae Pass Through Ginnie Mae Pass-Through Securities Mortgage-Backed Securities (MBS) Real Estate Investment High Yield Investment Loan Repayment Federal Government

A Ginnie Mae Pass Through is a pass-through certificate secured by a pool of mortgage loans insured by the Government National Mortgage Association (Ginnie Mae), an arm of the federal government. These securities often provide high yields with security to investors, though returns may be affected by the pattern of loan repayments on the mortgages in the pool.