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Question
Ginnie Mae ________.A) issues securities that are not backed by FHA-insured multifamily housing loans.
B) does not create project loan pass-through securities.
C) purchase multifamily loans from approved lenders and either retain them in their portfolio or use them for collateral for a security.
D) creates securities that can be backed by a single project loan on a completed project or one or more project loans.
Answer
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