Definition: What is a GSE? A GSE is an acronym that stands for government sponsored enterprise. Mostly you will hear the term GSE bantered about when talking about short sales. A GSE short sale is handled differently than a traditional short sale. That's because the government is involved.
Types of a GSE are:
- Fannie Mae
- Freddie Mac
- FHA
- VA
Any type of mortgage servicer / provider that is owned by the government largely in whole or in part is a GSE.
