Which of the following is true about GNMA pass-through securities?
A) Interest and principal from borrowers are passed through to investor.
B) Federally insured imply mortgage loans guaranteed by the FHA, VA, and other authorized federal agencies.
C) GNMA pass-throughs are secured by mortgage pools originated by mortgage banks, commercial banks, or other mortgage lending institutions.
D) all of the above
Correct Answer:
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