One of the major functions performed by FNMA, FHLMC, and GNMA is to create pools of mortgages and isscee mortgage-backed securities. True False Question 6 With an adjustable-rate mortgage, assume interest rate risk, and with a fixed-rate mortgage, assume interest rate risk. borrowers: banks borrowers; borrowers banks; borrowers banks; banks Question 7 The principal and the coupon rate of TIPS are adjusted periodically according to changes in inflation. True False