FNMA and FHLMC Securitize Mortgages but Do Not Provide Any

question 20

True/False

FNMA and FHLMC securitize mortgages but do not provide any final financing of mortgages.

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Definitions:

Circumstantial Factor

An element or condition that affects a situation but is not a direct cause; often considered in evaluations or analysis of outcomes.

Medians

The middle value of a data set when it is ordered from least to greatest, or the line in geometry that divides a figure into two equal parts.

Frequencies

The rate at which a vibration occurs that constitutes a wave, either in material (as in sound waves) or in an electromagnetic field (as in radio waves and light).

Averages

Statistical measures that summarize or give an indication of the central tendency or typical value of a set of numbers.