Fannie Mae, Ginnie Mae, and Freddie Mac Are Examples Of

question 65

Multiple Choice

Fannie Mae, Ginnie Mae, and Freddie Mac are examples of:

• A) private regulatory bodies that supervise home mortgage lenders.
• B) government-sponsored enterprises chartered to encourage home lending.
• C) government-sponsored enterprises that were chartered to encourage small business loans.
• D) government-sponsored enterprises that provide homeowners insurance to people that cannot obtain it from private insurers.

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Definitions:

Qualitative Characteristic

Features or attributes that describe the non-numeric aspects of goods, services, processes or information, often related to quality.

Reliability

The quality or state of being dependable or consistent in performance or outcome.

Business Reporting

Business reporting involves the preparation and presentation of information about a company's performance to stakeholders.

Decision Processes

The series of steps or stages involved in selecting among alternatives based on criteria and eventual outcomes.