________ Issues Participation Certificates,and ________ Provides Federal Insurance for Participation
________ issues participation certificates,and ________ provides federal insurance for participation certificates.
A) Freddie Mac; Freddie Mac
B) Freddie Mac; Ginnie Mae
C) Ginnie Mae; Freddie Mac
D) Ginnie Mae; Ginnie Mae
E) Freddie Mac; no one
Correct Answer:
Verified
Q34: Growing-equity mortgages (GEMs)
A) help the borrower pay
Q35: Ginnie Mae
A) insures qualifying mortgages.
B) insures pass-through
Q36: A loan for borrowers who do not
Q37: A borrower with a 30-year loan can
Q38: The interest rate borrowers pay on their
Q40: Distinct elements of a mortgage loan include
A)
Q41: Discount points (or simply points)are interest payments
Q42: A problem that initially hindered the marketability
Q43: One important advantage to a borrower who
Q44: Closing for a mortgage loan refers to
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