What is difference among the government national mortgage

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Q. Illustrate what is the difference among the Government National Mortgage Agency (GNMA) and the Federal National Mortgage Association (Fannie Mae).? Explain the main functions of each, explain how they work with financial institutions in the mortgage market, their functions in the secondary mortgage market (securitization), explain how they raise capital (public markets, private markets or both) and explain how they are either government owned or government sponsored.

Reference no: EM1386997

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