Fannie Mae, Freddie Mac and Ginnie
Mac Test
collection - answer When Fannie Mae purchases a loan, they pay the loan originator a
Fee
Commercial Banks - answer Fannie Mae purchases loans most often from which type of
financial institution?
Provide stability in the US housing market - answer Which of the following is one of the
desired outcomes of Freddie mac's activities?
Packaging loans not mortgage-backed securities - answerSeveral actions take place on
the secondary mortgage market. which of these is a common activity
Ginnie Mae insures MBSs made up of government-insured or guaranteed loans -
answerWhich statement most accurately describes the role and function of Ginnie Mae
in the secondary mortgage market
Down payment - answerWhich of the following is a guideline used by Freddie Mac when
determining if a loan is conforming
The secondary market purchases loans from primary lenders and helps keep credit
available to loan originators - answerThe secondary mortgage market serves a very
important role in real estate finance. Which of these statements best describes that
role?
Fannie mae - answerWhich institution was created as the federal national mortgage
association in 1938
Secondary market players - answerInstitutions that purchase loans, package them into
mortgage backed securities, then sell these to investors may commonly be referred to
as?
It sells participation certificates to investors to raise funds to purchase additional sloans
from lenders - answerWhich of the following statements at Freddie Mac is correct
A government sponsored enterprise - answerFreddie mac
Agricultural property and vacant lot - answerWhich of the following is considered an
ineligible property type for a Fannie Mae purchased loan?
Mac Test
collection - answer When Fannie Mae purchases a loan, they pay the loan originator a
Fee
Commercial Banks - answer Fannie Mae purchases loans most often from which type of
financial institution?
Provide stability in the US housing market - answer Which of the following is one of the
desired outcomes of Freddie mac's activities?
Packaging loans not mortgage-backed securities - answerSeveral actions take place on
the secondary mortgage market. which of these is a common activity
Ginnie Mae insures MBSs made up of government-insured or guaranteed loans -
answerWhich statement most accurately describes the role and function of Ginnie Mae
in the secondary mortgage market
Down payment - answerWhich of the following is a guideline used by Freddie Mac when
determining if a loan is conforming
The secondary market purchases loans from primary lenders and helps keep credit
available to loan originators - answerThe secondary mortgage market serves a very
important role in real estate finance. Which of these statements best describes that
role?
Fannie mae - answerWhich institution was created as the federal national mortgage
association in 1938
Secondary market players - answerInstitutions that purchase loans, package them into
mortgage backed securities, then sell these to investors may commonly be referred to
as?
It sells participation certificates to investors to raise funds to purchase additional sloans
from lenders - answerWhich of the following statements at Freddie Mac is correct
A government sponsored enterprise - answerFreddie mac
Agricultural property and vacant lot - answerWhich of the following is considered an
ineligible property type for a Fannie Mae purchased loan?
