The Three Major Types of Pass-Through Securities Are Guaranteed by Either

question 52

True/False

The three major types of pass-through securities are guaranteed by either Freddie Mac (a federally related entity), Fannie Mae (a government-sponsored enterprise), or Ginnie Mae (a government-sponsored enterprise), and are referred to as agency pass-through securities.

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Definitions:

Commercial Logging

The harvesting of timber for sale or large-scale removal of trees from forests for the purpose of producing goods such as paper, lumber, and other wood products.

Developing Countries

Nations with a lower level of industrialization, lower living standards, and generally a lower Human Development Index (HDI) compared to developed countries.

Subsistence Farmers

Farmers who primarily grow food and rear animals for their own family's consumption, with little to no surplus for trade.

Sustainable

Relating to practices and methods that meet current needs without compromising the ability of future generations to meet theirs, often in the context of environmental conservation.