26-23 GNMA Pass-Through Bondholders Can Be Protected Against Default Risk

question 97

True/False

26-23 GNMA pass-through bondholders can be protected against default risk by FHA/VA housing insurance.

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Definitions:

Fairness Doctrine

A former policy of the United States Federal Communications Commission that required the holders of broadcast licenses to present controversial issues of public importance in a manner that was, in the FCC's view, honest, equitable, and balanced.

Supreme Court

The highest federal court in the United States, consisting of nine justices and having jurisdiction over cases of constitutional and federal law.

Red Lion Broadcasting

A landmark Supreme Court case, Red Lion Broadcasting Co. v. FCC (1969), that upheld the Federal Communications Commission's authority to enforce the Fairness Doctrine in broadcasting.

Edward Snowden

A former National Security Agency contractor who leaked classified information about global surveillance programs conducted by the US government.