Which loans do Ginnie Mae Bonds primarily support?

Ginnie Mae Bonds primarily support mortgage loans. This type of bond is issued by the Government National Mortgage Association (Ginnie Mae), which is focused on ensuring the availability of mortgage financing. Ginnie Mae does this by backing mortgage loans made by approved lenders and guaranteeing the timely payment of principal and interest to bondholders.

The strong connection to mortgage loans is critical because it allows people to secure financing for purchasing homes, thus promoting homeownership and stability in the housing market. Ginnie Mae's role is specifically tailored to the residential housing market, making it a significant player in supporting loans that are secured by real estate. This is why mortgage loans are the correct choice when considering what Ginnie Mae Bonds primarily support.