Question: How does the guarantee for a Ginnie Mae mortgage-backed security differ from that of a mortgage-backed security issued by Fannie Mae and Freddie Mac?

How does the guarantee for a Ginnie Mae mortgage-backed security differ from that of a mortgage-backed security issued by Fannie Mae and Freddie Mac?

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Ginnie Mae unlike Fannie Mae and Freddie Mac are guaranteed by the full faith and credit of the US government More details are given belowGinnie Mae i... View full answer

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