Examlex
Which of the following statements about climate change affecting agriculture is FALSE?
Freddie Mac
A public government-sponsored enterprise aimed at expanding the secondary mortgage market by buying loans from lenders.
Credit Standards
The criteria that lenders use to determine the creditworthiness of potential borrowers.
Sub-prime Loans
Loans offered to individuals with poor credit histories or higher risk of default, often at higher interest rates.
Mortgage Default Rate
The percentage of home mortgages on which the borrower is late by ninety days or more with the payments on the loan or it is in the foreclosure process. This rate is sometimes referred to as the serious delinquency rate.
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