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In Regards to Fannie Mae and Freddie Mac, Which of the Below

Question 26

Multiple Choice

In regards to Fannie Mae and Freddie Mac, which of the below statements is FALSE?


A) The mortgage-backed securities issued by Fannie Mae and Freddie Mac are commonly referred to as "agency MBS."
B) The mortgage-backed securities issued by Fannie Mae and Freddie Mac are in fact shareholder-owned corporations chartered by Congress to fulfill a public mission.
C) The stocks for Fannie Mae and Freddie Mac largely trade over-the-counter.
D) Fannie Mae and Freddie Mac are government-sponsored enterprises (GSEs) that (in early September 2008) were taken over by the U.S. government because of the financial difficulties it faced as a result of the subprime mortgage crisis.

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