Ginnie Mae Flashcards
(4 cards)
1
Q
Ginnie Mae is a government corporation under ____
A
HUD
2
Q
Ginnie Mae is a guarantor on pools of ____ and ____ mortgage loans (backed by the full faith and credit guarantee of the federal government)
A
FHA and VA loans
3
Q
Ginnie Mae does not participate in determining ____ for loans
A
eligibility
4
Q
Ginnie Mae does not purchase mortgage loans from ____
A
lenders
