The three major types of pass-through securities are guaranteed by either Freddie Mac (a federally related entity), Fannie Mae (a government-sponsored enterprise), or Ginnie Mae (a government-sponsored enterprise), and are referred to as agency pass-through securities.

Question

Quizplus · Accepted Answer

Ginnie Mae is a government-owned corporation, not a government-sponsored enterprise (GSE), unlike Freddie Mac and Fannie Mae which are GSEs.

The Three Major Types of Pass-Through Securities Are Guaranteed by Either