What does Ginnie Mae provide that led to the explosion in demand for mortgage backed securities$?$Ginnie Mae directly originates home loans with borrowers.Ginnie Mae provides unlimited funding to private mortgage insurers.Ginnie Mae buys delinquent mortgages from banks at face value.Ginnie Mae exclusively backs subprime, high$-$risk mortgages.Ginnie Mae invests in commercial real estate loans rather than residential.Ginnie Mae issues municipal bonds for state and local governments.Ginnie Mae only works with jumbo mortgages above conforming loan limits$.$Ginnie Mae guarantees timely payments of FHA and VA loans.Ginnie Mae insures mortgage lenders against borrower default at no cost$.$Ginnie Mae guarantees adjustable$-$rate mortgages only, not fixed$-$rate loans.