Which of the following is not a way that Ginnie Mae improves mortgage marketability? Multiple Choice...

Which of the following is not a way that Ginnie Mae improves mortgage marketability?

Multiple Choice

a) GNMA allows private pool organizers to issue securities backed by the mortgage pool that bear GNMA's name.

b) GNMA sponsored mortgage pools have no credit risk.

c) GNMA provides timing insurance to investors.

d) GNMA sponsors pools of FHA- or VA-insured mortgages.

e) GNMA insures lenders against default.

Expert Solution

B) GNMA sponsored mortgage pools have no credit risk.

This is not a way that Ginnie mae improve mortgage marketability.GNMA allows private pool organizer to issue securities backed by the mortgage pools that bear GNMA's name.GNMA provides timely insurance to investors.GNMA insures lenders against default.

Rahul Sunny answered 2 years ago

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