Fannie Mae and Freddie Mac's Dominance of the Secondary Mortgage

question 158

Multiple Choice

Fannie Mae and Freddie Mac's dominance of the secondary mortgage market during 1995-2008 encouraged mortgage originators to

• A) extend only 30-year, fixed-rate mortgages.
• B) require higher down payments in order to obtain a home mortgage.
• C) loosen lending standards as long as the mortgages were acceptable to Fannie Mae and Freddie Mac.
• D) scrutinize the credit-worthiness of borrowers more carefully.

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The collective viewpoint or attitude of a group, shaped by the members' shared beliefs, experiences, and goals.

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