Examlex

Solved

In the Founder Effect

question 59

Multiple Choice

In the founder effect,


Definitions:

HUD Guidelines

Regulations and standards set by the U.S. Department of Housing and Urban Development to ensure fair housing and urban development practices.

Down Payment

An initial upfront portion of the total amount due, typically associated with the purchase of expensive items like a home.

Freddie Mac

A government-sponsored enterprise (GSE) in the United States that aims to expand the secondary mortgage market by buying mortgage loans and mortgage-related securities.

Fannie Mae

A government-sponsored enterprise (GSE) aimed at expanding the secondary mortgage market by securitizing mortgages.

Related Questions