24 CFR § 320.13 - Guaranty.
---
identifier: "/us/cfr/t24/s320.13"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "24 CFR § 320.13 - Guaranty."
title_number: 24
title_name: "Housing and Urban Development"
section_number: "320.13"
section_name: "Guaranty."
chapter_name: "GOVERNMENT NATIONAL MORTGAGE ASSOCIATION, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT"
part_number: "320"
part_name: "GUARANTY OF MORTGAGE-BACKED SECURITIES"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 1721(g) and 1723a(a); and 42 U.S.C. 3535(d)."
regulatory_source: "60 FR 42015, Aug. 14, 1995, unless otherwise noted."
cfr_part: "320"
---
# 320.13 Guaranty.
The Association guarantees the timely payment, whether or not collected, of the interest on the outstanding balance and the specified principal installments on securities that are registered on Ginnie Mae's central registry. The Association's guaranty is backed by the full faith and credit of the United States.
[64 FR 34107, June 24, 1999]