The Original Purpose of the Federal Home Loan Mortgage Corporation

question 53

Multiple Choice

The original purpose of the Federal Home Loan Mortgage Corporation (Freddie Mac) was to

• A) make home loans to low income individuals.
• B) purchase the conventional mortgages from thrift institutions.
• C) purchase the insured conventional mortgages from financial institutions.
• D) purchase the government insured mortgages from thrift institutions.

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