Housing (81 - 82 of 82 items)
Government National Mortgage Association's Secondary Mortgage Market Activities
CED-77-28: Published: Mar 8, 1977. Publicly Released: Mar 8, 1977.
The Government National Mortgage Association participates in the buying and selling of mortgages in the secondary mortgage market.The Association attempts to accomplish its legislatively assigned missions primarily by: (1) issuing to mortgage originators commitments to purchase mortgages with primarily below-market interest rates; (2) purchasing and selling such mortgages; and (3) guaranteeing sec...
GAO Testimony on Secondary Mortgage Market Activities by the Government National Mortgage Association
CED-77-16: Published: Nov 29, 1976. Publicly Released: Nov 29, 1976.
Several alternatives to the present practices of the Government National Mortgage Association's secondary mortgage market activities warrant consideration.The Association's ability to hold mortgages during periods when interest rates are relatively high is restricted by the Office of Management and Budget's required end of the fiscal year outlay ceiling. The Association requires bidders at securit...