Which One of the Following Is the Key Function of GNMA

question 88

Multiple Choice

Which one of the following is the key function of GNMA?

• A)providing direct financing for first-time home buyers only
• B)directly refinancing existing home mortgages
• C)providing mortgage funds to military personnel only
• D)providing direct financing to first-time home buyers, military personnel, and farmers
• E)sponsoring the repackaging of mortgages into mortgage-backed securities pools

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Definitions:

Socially Unstable Protest

Demonstrations or movements that arise in contexts of social instability, often reflecting widespread discontent or demands for change.

Collectivization

The process of transforming private assets or properties into collective ownership, typically under governmental or communal control, often associated with agricultural reforms in socialist contexts.

Collective Action

Activities undertaken by a group of people with the aim of achieving a common goal, often requiring coordination and cooperation among participants.

Consciousness

The state or quality of awareness where an individual is able to perceive, feel, and be cognizant of events, objects, thoughts, emotions, or sensory patterns.