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Basic Question 9 of 9
Which agency issues residential mortgage-backed securities that are backed by the full faith and credit of the U.S. government?
II. Freddie Mac
III. Ginnie Mae
I. Fannie Mae
II. Freddie Mac
III. Ginnie Mae
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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt
Learning Outcome Statements
describe types and characteristics of residential mortgage-backed securities, including mortgage pass-through securities and collateralized mortgage obligations, and explain the cash flows and risks for each type
CFA® 2024 Level I Curriculum, Volume 4, Module 19.