In the Latter Half of the 1990s, the Department of Housing

Multiple Choice

In the latter half of the 1990s, the Department of Housing and Urban Development imposed regulations on Fannie Mae and Freddie Mac, requiring them to

A) extend more mortgage loans to households with low and moderate incomes.
B) accept only mortgages with at least a 20 percent down payment.
C) tighten lending standards and increase their holdings of low-risk, conventional mortgages.
D) extend more mortgage loans to households with middle and high incomes.