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Answer:
The major difference , cutting right to the chase
GNMAES are DIRECT GOVERNMENT OBLIGATIONS, with Interest and principal DIRECTLY guaranteed by the US Government.
FNMAES & FREDDIE MAC - are not DRIECT OBLIGATIONS OF THE US GOVERNMENT, but are FEDERAL AGENCIES and technically are only insured by the assets of the ageny , not the US GOVERNMENT , Although the GOvernment, like we see will step and bail FNMAE out, they technically did not have to....FNMAE is NOT a DIRECT OBLIGATION of the Government like GNMAES, TREASURY BILLS or TREASURY NOTES.
The major difference , cutting right to the chase
GNMAES are DIRECT GOVERNMENT OBLIGATIONS, with Interest and principal DIRECTLY guaranteed by the US Government.
FNMAES & FREDDIE MAC - are not DRIECT OBLIGATIONS OF THE US GOVERNMENT, but are FEDERAL AGENCIES and technically are only insured by the assets of the ageny , not the US GOVERNMENT , Although the GOvernment, like we see will step and bail FNMAE out, they technically did not have to....FNMAE is NOT a DIRECT OBLIGATION of the Government like GNMAES, TREASURY BILLS or TREASURY NOTES.
First answer by ID1115268884.
Last edit by ID1115268884.
Question popularity:
2
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