Ginnie Mae guarantees both the principal and interest payments on mortgages in its pools.
Correct Answer:
Verified
Q50: CMOs differ from other mortgage-backed securities in
Q51: Conventional home mortgages are guaranteed by the
Q52: Pension funds, finance companies and government agencies
Q53: Savings and loans make mortgage loans at
Q54: Most bank mortgage loans are made to
Q56: The purchase price of a conventional single
Q57: The average maturity of conventional home mortgage
Q58: Points in home mortgage lending have declined
Q59: Today mortgage bankers originate just under half
Q60: Government agencies today dominate the mortgage market
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