Before the loan advances, a sponsorship reviewer must resolve a secondary-market loan delivery issue during a secondary-market loan delivery review. What should happen?
Correct Answer
B) 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".
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