Under the Housing and Urban Development Act,the Federal National Mortgage

question 8

Multiple Choice

Under the Housing and Urban Development Act,the Federal National Mortgage Association (FNMA) buys loans and holds them in it's own portfolio.The Government National Mortgage Association (GNMA) does which of the following?

• A) guarantees the payment of principal and interest on the securities that are created and backed by mortgages
• B) oversees the individual states' Mortgage Associations
• C) also buys loans,but holds them as a separate part of the U.S. Government budget
• D) none of the above

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Definitions:

Fear

An emotional response to a perceived threat, characterized by increased alertness, anxiety, and a survival-oriented behavior.

Message

Any verbal, written, or signaled communication sent from one individual or group to another.

Jigsaw Classroom

An educational approach designed to minimize racial conflict among school children, promote better learning, improve student motivation, and increase enjoyment of the learning experience.

Prejudice

A preconceived opinion or judgement about an individual or group without sufficient knowledge, often involving negative or stereotypical beliefs.