7 E 90 100 110 12 130 140 150 160) 170) 1) 1) 290) 212 2 1200) 252 Moving to another question will save this response. Question 21 Which of the following is/are true about pass-through securities Ginnie Mae, Fannie Mae, and Freddie Mac play important roles in this market. Fannie Mae securitizes conventional mortgages as well as FHA/VA Insured loans (as long as the conventional loans have PMI or meet the 80% loan tov Freddie Mac acts as a sponsor and payment timing guarantor for pass-throughs Ginnie Mae directly creates pass-through securities, holds them on the balance sheet, and issues mortgage backed securities to banks to fund this program Only answers A & B are correct o )