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Summarize the creation of a Ginnie Mae (GNMA) pass-through security - explain its securitization process - Identify how such a securitization benefits a financial institution
Summarize the creation of a Ginnie Mae (GNMA) pass-through security
- explain its securitization process
- Identify how such a securitization benefits a financial institution
- Are there any related risks that may be created through the securitization process.
A brief overview or summary would be great with included sources used!
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