Which of the Following Is Not a Guarantee of GNMA

question 14

Multiple Choice

Which of the following is not a guarantee of GNMA (or Ginnie Mae) ?

• A) Timely payments of principal and interest.
• B) Settling accounts with servicer.
• C) All mortgages would be paid off at maturity.
• D) Upon default they will repay outstanding loan balance.

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Definitions:

Dissociative Fugue

A rare psychiatric disorder characterized by reversible amnesia for personal identity, including memories, personality, and other identifying characteristics, often involving unplanned travel or wandering.

Anorexia Nervosa

An eating disorder characterized by an abnormally low body weight, an intense fear of gaining weight, and a distorted perception of body weight.

Self-Perception

The way in which individuals view themselves, including their beliefs about their own attributes and who and what they are.

Extremely Thin

Describes an individual or object that has a very small thickness or width, often suggesting a below average or unhealthy condition in living beings.