What is the main difference between Fannie Mae and Ginnie Mae?
Fannie Mae is a GSE, Ginnie Mae is a government agency
Fannie Mae is a government agency, Ginnie Mae is a GSE
Fannie Mae deals with stocks, Ginnie Mae deals with bonds
Fannie Mae focuses on commercial loans, Ginnie Mae focuses on residential loans
Answer
The main difference between Fannie Mae and Ginnie Mae is that Fannie Mae is a government-sponsored enterprise (GSE), while Ginnie Mae is a government agency. Both institutions play a role in the secondary mortgage market, but their structures and functions differ.
The Fannie Mae Quiz: How Well Do You Know this Government-Backed Financial Services Company?
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