Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I need answers for all the questions? Which of the following is not true about Ginnie Mat: A. wholly owned corporation of the federal government

image text in transcribed I need answers for all the questions?
Which of the following is not true about Ginnie Mat: A. wholly owned corporation of the federal government B Supplies funds to low and moderate income home homeowners indirectly by facilitating flow of funds into the secondary mortgage market. C. Has more than $600 billion of securities outstanding D. Dumped professor langenberg in high school for an impersonator. He remains bitter and obsessed Which is not true about Freddie Mac: A. Ensures sufficient funds flow into the mortgage market. B buys mortgages in the secondary markets pools them then sells them as mortgage-backed securities to investors on the open market. C Is exempt from state income tax and has lines of credit with the U.S. Treasury. D. Truck Driver from Biloxi, MS who bought the first mortgage backed security with proceeds he won through the State Lottery in 1972. Valuation of mortgages is impacted by similar factors that impact bonds, true or false? Mortgages can generate high returns when interest rates fall, like bonds, but gains are limited because borrowers tend to refinance, true or false? Prepayment risk is the risk that a borrower pay prepay the mortgage in response to lower interest true or false? As a result of (#21) the investor receives payment and then must reinvest at a lower interest rate, or false

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions

Question

Why do auditing standards differ internationally?

Answered: 1 week ago

Question

What decision approach would you have used if you were Tate? Why?

Answered: 1 week ago

Question

=+2. What reactive strategies might you develop?

Answered: 1 week ago

Question

What is human nature?

Answered: 1 week ago