Multiple Choice
The development of Fannie Mae and Freddie Mac established the framework for a liquid secondary market for residential mortgages.By the fourth quarter of 2008,the share of all residential mortgage loans owned or securitized by Fannie Mae and Freddie Mac approached approximately:
A) 5%
B) 16%
C) 38%
D) 76%
Correct Answer:
Verified
Correct Answer:
Verified
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