Ginnie Mae ________

question 6

Multiple Choice

Ginnie Mae ________.

• A) issues securities that are not backed by FHA-insured multifamily housing loans.
• B) does not create project loan pass-through securities.
• C) purchase multi­family loans from approved lenders and either retain them in their portfolio or use them for collateral for a security.
• D) creates securities that can be backed by a single project loan on a completed project or one or more project loans.

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