Yes, HUD/FHA 221(d)(4) loans qualify for Ginnie Mae securities. According to HUD221D4.loan, the Government National Mortgage Association (GNMA or Ginnie Mae) was set up by HUD in 1968 to promote home ownership in the US. Ginnie Mae guarantees timely payment of principal and interest payments on residential MBS (mortgage-backed security) instruments to institutional investors, and guarantees securities backed by single-family and multifamily loans insured by government agencies (FHA, VA, HUD’s Office of Public and Indian Housing, and the Department of Agriculture’s Rural Development).