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:

Verified
Correct Answer:
Verified
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