Which of the Following Types of Institutions Has Historically Been

question 15

Multiple Choice

Which of the following types of institutions has historically been the largest purchaser of residential mortgages?

• A) Commercial banks
• B) Savings and Loans
• C) Government sponsored enterprises
• D) Mortgage banking companies

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Definitions:

Aleppo, Syria

A city in Syria that is one of the oldest continuously inhabited cities in the world, historically significant as a commercial center and having suffered extensive damage during the Syrian Civil War.

UNESCO Heritage Site

A landmark or area recognized by the United Nations Educational, Scientific and Cultural Organization for its cultural, historical, scientific, or other form of significance, which is legally protected by international treaties.

Agricultural Fields

Areas of land used for farming crops and livestock, a cornerstone for human sustenance and economic activity.

Stratified Societies

Societies characterized by a hierarchy of social classes, often determined by factors like wealth, occupation, and ancestry.