The Development of Fannie Mae and Freddie Mac Established the Framework

question 29

Multiple Choice

The development of Fannie Mae and Freddie Mac established the framework for a liquid secondary market for residential mortgages. In 2015, the share of all residential mortgage loans owned or securitized by Fannie Mae and Freddie Mac approached approximately:

• A) 5%
• B) 16%
• C) 46%
• D) 76%

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