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Economics - Financial Markets 8 Online
OpenStudy (anonymous):

government-backed investment ?

OpenStudy (anonymous):

@vannieduval

OpenStudy (vannieduval):

okay now explain what u have to do please

OpenStudy (vannieduval):

Chillin3: The majority of MBSs are issued or guaranteed by an agency of the U.S. government such as Ginnie Mae, or by GSEs, including Fannie Mae and Freddie Mac. MBS carry the guarantee of the issuing organization to pay interest and principal payments on their mortgage-backed securities.

OpenStudy (anonymous):

okay so what i need to do is explain what government-backed investment means in my own words but i dont know what it means

OpenStudy (vannieduval):

thas the answer

OpenStudy (anonymous):

thanks :3 id give chillin3 the medal but their not in here so ill give it to you for reposting what they said :3

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