answersLogoWhite

0

What is the main use for GNMA funds?

Updated: 9/23/2023
User Avatar

Wiki User

10y ago

Best Answer

The main use for GNMA funds is for purchasing Mortgages. GNMA doesn't purchase loans directly, instead they push loan bundles backed by the Federal Housing Administration.

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the main use for GNMA funds?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the market cap for iShares Core GNMA Bond ETF GNMA?

As of July 2014, the market cap for iShares Core GNMA Bond ETF (GNMA) is $34,846,000.00.


What is the symbol for iShares Core GNMA Bond ETF in NASDAQ?

The symbol for iShares Core GNMA Bond ETF in NASDAQ is: GNMA.


Where can you buy gnma's?

Schwabb sells them direct.


What are the Sources and uses of funds in banks?

Deposits as main source of Funds and Loans as main uses of funds in Bank.


What programs is the GNMA involved in?

special assistance in the financing of federally underwritten mortgages (typically the GNMA buys the mortgages from private lenders at below market prices and sells them to private investors at market prices


Into what categories are mutual funds known as bond funds divided?

Main categories in taxable bond funds are corporate bond funds, high-yield funds, world bond funds, government bond funds, and strategic income funds. The main tax-free bond fund categories are state municipal bond funds


Where can one find information on Vanguard GNMA Fund Investor Shares?

A person can find information on the Vanguard GNMA Fund Investor Shares program by doing a search therefore taking you to the Vanguard website where from there you can navigate to your desired interests.


What is the main sources and uses of funds for finance companies insurance companies and pension funds?

selling securiies


You cannot use funds to adjust contracts?

expired funds are avaialble for limited use up to how many years after the date the funds expired


You cannot use what funds to adjust contracts?

expired funds are avaialble for limited use up to how many years after the date the funds expired


When a commander has affirmative authority to use funds for a specific purpose use of those funds is considered?

Legal


When a commander has affirmative authority to use funds for a specific purpose use of those funds is considered .?

Legal