U.S. government and federal agency securities

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Mortgage-backed securities Government National Mortgage Association (GNMA) $5,000 ($25,000 minimum) Book entry Full faith and credit of U.S. government Market sets price at par, discount, or premium Monthly principal and interest 30-year maturity No exemption Agencies Federal Home Loan Mortgage Corporation (fhlmc) $1,000 (minimums vary) Book ...


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