Gain - An increase in monetary or property value.

Ginnie Mae (GNMA) - A government-owned corporation within the U.S. Department of Housing and Urban Development (HUD). Created in 1968, GNMA assumed responsibility for the special assistance loan program formerly administered by FNMA.

Good Faith Estimate - A written estimate of the closing costs the borrower will have to pay at closing. Under the Real Estate Settlement Procedures Act (RESPA), the lender is required to provide this disclosure to the borrower within three days of receiving a loan application.

Grantee - The person to whom an interest in real property is conveyed.

Grantor - The person conveying an interest in real property.

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