SIE Exam Practice Question 322

Question: 322

A primary difference between Ginnie Mae and Fannie Mae/Freddie Mac is that Ginnie Mae

A. mortgages are only available for government subsidized housing, while the others are available for all real estate purchases.

B. only finances commercial mortgages, whereas the others finance home mortgages.

C. is a government agency that has the explicit backing of the US government, while the others do not.

D. is a publicly held company while the others are privately held.