Fannie Mae and Freddie Mac's Rapid Increase in the Percentage

Multiple Choice

Fannie Mae and Freddie Mac's rapid increase in the percentage of all mortgages held encouraged mortgage lenders to

A) tighten credit standards and decrease the number of sub-prime loans extended to borrowers.
B) offer lower rates than what Fannie Mae and Freddie Mac could offer.
C) lower credit standards and offer terms acceptable to Fannie Mae and Freddie Mac.
D) scrutinize the credit-worthiness of borrowers and require higher down payments on mortgages.