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GNMA Midget

The financial definition for 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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Midget

Midget
A 15 year GNMA bond; similar to a Dwarf.




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