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Mortgage-Backed Securities Were Created When ________ Began Buying Mortgage Loans

Question 53

Multiple Choice

Mortgage-backed securities were created when ________ began buying mortgage loans from originators and bundling them into large pools that could be traded like any other financial asset.


A) GNMA
B) FNMA
C) FHLMC
D) FNMA and FHLMC
E) GNMA and FNMA

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