Ginnie Mae ________

Ginnie Mae ________.

A) issues securities that are not backed by FHA-insured multifamily housing loans.
B) does not create project loan pass-through securities.
C) purchase multi­family loans from approved lenders and either retain them in their portfolio or use them for collateral for a security.
D) creates securities that can be backed by a single project loan on a completed project or one or more project loans.