Solved

After New HUD Guidelines Were Issued in 1999, Freddie Mac

Question 149

Multiple Choice

After new HUD guidelines were issued in 1999, Freddie Mac and Fannie Mae


A) extended fewer loans to borrowers making a down payment of 5 percent or less.
B) extended more loans to borrowers making a down payment of 5 percent or less.
C) extended new loans only to borrowers making a down payment of at least 20 percent.
D) refused to extend new loans without full verification that the borrower had prime credit status.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions