The Basic Role of the GNMA Is to

question 27

Multiple Choice

The basic role of the GNMA is to

• A) resupply capital to primary lenders by guaranteeing repayment of pools of mortgage loans.
• B) insure loans made by primary government lenders.
• C) sell mortgage pools to money market funds.
• D) facilitate the resale of mortgage loans by marketing participation certificates.

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Definitions:

Sport Hunting

The practice of hunting wild animals for recreational purposes, often regulated by laws to ensure sustainability and ethical treatment of wildlife.

Non-Native Species

Species living outside their natural range, which have arrived there by human activity, either deliberate or accidental, and can sometimes become invasive.

Urban Sprawl

The spread of city buildings and suburbs into rural areas, often characterized by low-density residential and commercial development, increased reliance on vehicles, and loss of open space.