A branch supervisor asks Blair how to handle secondary-market loan delivery. What should Blair recommend?
Correct Answer
D) Recognize Ginnie Mae guarantees MBS rather than buying loans
Secondary-market participants buy, guarantee, pool, or securitize loans under different roles. The best answer is "Recognize Ginnie Mae guarantees MBS rather than buying loans".
Why This Is the Correct Answer
Secondary-market participants buy, guarantee, pool, or securitize loans under different roles. The best answer is "Recognize Ginnie Mae guarantees MBS rather than buying loans".
More Mortgage Knowledge Questions
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