answersLogoWhite

0

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

User Avatar

Wiki User

14y ago

What else can I help you with?

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.


What is the main use for GNMA funds?

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.


Where can you buy gnma's?

Schwabb sells them direct.


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.


Are GNMA PL bonds taxable?

Yes, GNMA (Ginnie Mae) PL (Pool) bonds are generally subject to federal income tax. However, the interest income from these bonds is exempt from state and local taxes. Investors should consult a tax advisor for specific tax implications based on their individual circumstances.


What is an adult affiliate program?

An adult affiliate program often refers to being involved with adult or matured themed programs. These types of programs are not appropriate for children under the age 18 to be involved with.


Which federal agency is not involved in handling foreign aid programs?

The Environmental Protection Agency is a federal agency not involved in handling foreign aid programs. They ensure the safety of the environment in the United States.


What can kids do to help the economy?

Kids can get involved in recycling programs in schools and the neighborhood.


What are some of the trade offs involved in spending on social programs?

the programs collects payroll taxes from current workers and then distributes that money to current recipiens.


Who is responsible for coordinating the Federal agencies and programs involved in assistance?

Federal Coordinating Officer


what are good volunteer programs?

Volunteer programs like Big Brothers and Big Sisters are great for everyone involved. Volunteer community clean up programs are also good, and benefit the community at large.