# This question has the wrong right Answer

**URL:** <https://talk.achievable.me/t/this-question-has-the-wrong-right-answer/10786>\
**Category:** FINRA SIE\
**Created:** [February 15, 2026, 7:08am UTC](https://talk.achievable.me/t/this-question-has-the-wrong-right-answer/10786 "2026-02-15T07:08:04Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![Darla\_Becker](https://talk.achievable.me/letter_avatar/darla_becker/32/6_22734026db12803ebb3e059622ac3534.png) [@Darla\_Becker](https://talk.achievable.me/u/Darla_Becker)\
**Post date:** [February 15, 2026, 7:08am UTC](https://talk.achievable.me/t/this-question-has-the-wrong-right-answer/10786/1 "2026-02-15T07:08:04Z")

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[https://app.achievable.me/study/finra-sie/quiz/GVV47#seed=67XHB&slug=fannie-mae-generally-engages-with-what-type-of-product-to-crea…](https://app.achievable.me/study/finra-sie/quiz/GVV47#seed=67XHB&slug=fannie-mae-generally-engages-with-what-type-of-product-to-crea%E2%80%A6)

Q: Fannie Mae generally engages with what type of product to create its asset-backed securities

Answer: Conventional Mortgages  
The site Answer gave FHA and VA insured mortgages + conventional mortgages. I thought these were only for Ginne Mae agency.

Please let me know if I’m wrong

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**Author:** ![Justin](https://talk.achievable.me/user_avatar/talk.achievable.me/justin/32/41_2.png) [@Justin](https://talk.achievable.me/u/Justin)\
**Post date:** [February 15, 2026, 6:55pm UTC](https://talk.achievable.me/t/this-question-has-the-wrong-right-answer/10786/2 "2026-02-15T18:55:44Z")

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Good thought; the wording here is important:

- Ginnie Mae: **guarantees** pools of only FHA- and VA-insured loans. It does not buy the loans itself; it just puts the full US-govt guarantee on the MBS.

- Fannie Mae: **buys** FHA, VA, _and_ conventional mortgages from lenders and then packages them into MBS it sells to investors. No full US guarantee, just the agency’s credit.

So FHA/VA loans can show up in both places, but the role each agency plays is different:

- Ginnie = guarantor only
- Fannie = purchaser/issuer