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Mortgage backed securities ??? Elan Question
Which of the following is Least likely a US Govt sponsored enterprise that issues mortgage backed securities?
1)Freddie mac
2)Ginnie Mae
3)Farmer mac
The answer in the Elan Mock is 2) Ginnie Mae
The explanation was that Ginnie Mae is a federally related institustion
Can someone please explain ? and what is Farmer MAc ??!?!?!?!? |
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