The Primary Purpose of Freddie Mac (FHLMC)is To

question 23

Multiple Choice

The primary purpose of Freddie Mac (FHLMC) is to:

• A)Provide a secondary market for mortgage originators
• B)Provide investors with a guaranteed rate of return
• C)Create competition for Fannie Mae and Ginnie Mae
• D)Provide consumers with more options when deciding on a mortgage loan

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Definitions:

Tension Modulus

A mechanical property of a material that measures its stiffness or resistance to deformation under tension.

ANOVA

Stands for Analysis of Variance, a statistical method used to compare means among three or more groups to see if there is a significant difference.

Interaction

A phenomenon in statistics and research design where the effect of two or more variables on an outcome is not simply additive but depends on combinations of variables.

Sum of Squares

A statistical measure used to describe the dispersion or variation within a set of values, calculated by squaring the differences from the mean and summing them up.