GNMA-II

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GNMA-II
Mortgage-backed securities (MBS) backed by single issuer pools where rates vary within a single percentage point or multiple issuer pools (Jumbo Pools). Registered holders are paid the aggregate principal plus interest payment by a centralized paying agent for all the certificates held by them. These are disbursed on the 20th of every month. Jumbo pools are typically longer and may include more diversification in terms of mortgages originating in different geographical locations.

Recommended for you:

  1. GNMA-I
  2. GNMA Midget
  3. Multiple-Issuer Pools
  4. Mortgage Pool
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