Which of the following is not a guarantee of GNMA (or Ginnie Mae) ?
A) Timely payments of principal and interest.
B) Settling accounts with servicer.
C) All mortgages would be paid off at maturity.
D) Upon default they will repay outstanding loan balance.
Correct Answer:
Verified
Q1: Prices of mortgage pass-through securities are:
A) unaffected
Q2: Which of the following is FALSE concerning
Q2: Marking the mortgage to market is the
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