The Government National Mortgage Association (GNMA)was Organized to Perform Three

question 22

Multiple Choice

The Government National Mortgage Association (GNMA) was organized to perform three principal functions.Which of the following was NOT a function of GNMA?

• A) Provide special assistance lending in support of federal programs
• B) Manage and liquidate mortgages previously acquired by FNMA
• C) Manage all secondary mortgage market operations
• D) Provide a guarantee for FHA - VA mortgage pools that would provide a guarantee for mortgage backed securities

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Definitions:

Glycerin

A simple polyol compound often used in pharmaceutical formulations, foods, and personal care products for its moisturizing and emollient properties.

Skeletal Muscle Fibers

Long, cylindrical cells that make up skeletal muscles, responsible for voluntary body movements.

A Band

The dark area in the sarcomere of a muscle fiber, consisting of thick myosin filaments alongside partially overlapping thin actin filaments.

Myofibril

A basic rod-like unit of a muscle cell, which is essential in the process of muscle contraction and made up of sarcomeres.