Answer:
I. GNMA provides timing insurance. II. GNMA creates pools of mortgages and issues securities. III. GNMA insures only FHA, VA, and FmHA loans. IV. GNMA requires that all mortgages in the pool have the same interest rate. "
Explanation:
The Government National Mortgage Association or better known as the GNMA, is a U.S government corporation that helps and guarantees a timely payment of principal and interest on mortgage-backed securities. The GNMA works different than the mortgage market. It doesn’t sell or buy pass-through mortgage-backed securities and neither purchase mortgage loans. Instead, private lending institutions approved the GNMA to originate loans, pooling them into securities, and issue mortgage-backed securities that are guaranteed by the GNMA. In consequence, this guarantees the timely payment of principal and interest from approved issuers. Most mortgages securitized by the GNMA are insured by the Federal Housing Administration (FHA), Veterans Administration (VA) and the Rural Housing Administration (RHA). Finally, the GNMA Guide establishes that “Each mortgage in a pool must bear the same fixed interest rate as every other mortgage in its pool. The interest rate on the mortgage may not change during the life of the mortgage”.
<span>Copernicus placed the sun at the center of the universe. Ptolemy place the earth at the center.
Both of these view couldn't be proven at that time, but only Copernicus experienced negative backlash by the church because it's deviate from the biblical teaching. Not until year of 1600s before another intellects name Galileo created the invetions that might prove Copernicus' theory (which also being torn apart by Religious groups)</span>
Answer:
Anaconda plan, military strategy proposed by Union General Winfield Scott early in the American Civil War. The plan called for a naval blockade of the Confederate littoral, a thrust down the Mississippi, and the strangulation of the South by Union land and naval forces.
Answer:
This question is incomplete. It is missing names and descriptions of the court cases descriptions that are needed to be matched. Here they are (correctly matched):
<em>Tape v. Hurley: </em><em>The California Supreme Court forced San Francisco to admit Chinese students into public schools.
</em>
- This case ended in <u>March 1885</u>, with the Supreme Court decision that refusal to admit a Chinese American student Mamie Tape to the all-white Spring Valley School was unlawful. This was a landmark court case.
<em>United States v. Wong Kim Ark: </em><em>The Supreme Court ruled the Fourteenth Amendment awarded citizenship to children of Chinese immigrants born on American soil.
</em>
- This case was decided on <u>March 28, 1898</u>, with the Supreme Court ruling that Wong Kim Ark, who was born in San Francisco in 1873 to Chinese couple, was unlawfully denied entry to the United States after his trip abroad.
<em>Yick Wo v. Hopkins:</em><em> The U.S. Supreme Court ordered the city of San Francisco to grant licenses to Chinese laundries.
</em>
- This case was decided on <u>May 10, 1886</u>, with the Supreme Court ruling that the administration of law in a discriminating manner is an infringement of the Equal Protection Clause in the Fourteenth Amendment to the U.S. Constitution. In particular, here out of 200 applications, only one permit to operate a wooden building laundry was granted to a Chinese owner, while all non-Chinese owners always received permits.
