Which of the Following Are Functions of GNMA

question 20

Multiple Choice

Which of the following are functions of GNMA?

• A)Engaging in swap transactions where it swaps mortgage-backed securities with an FI for original mortgages.
• B)Sponsors mortgage-backed securities programs by FIs such as banks, thrifts, and mortgage bankers.
• C)Acts as a guarantor to investors in mortgage-backed securities regarding the timely pass-through of principal and interest payments on their sponsored bonds.
• D)All of the options.
• E)Sponsors mortgage-backed securities programs by FIs such as banks, thrifts, and mortgage bankers and acts as a guarantor to investors in mortgage-backed securities regarding the timely pass-through of principal and interest payments on their sponsored bonds.

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