Examlex
______________ is the process by which a course of action is selected to achieve specific outcomes.
Freddie Mac
A government-sponsored enterprise (GSE) focused on expanding the secondary mortgage market by buying loans from lenders, thereby providing liquidity, stability, and affordability in the housing market.
Secondary Mortgage Markets
Markets where lenders and investors buy and sell existing mortgages or mortgage-backed securities, providing liquidity and capital to the primary mortgage market.
Liquidity
The ease with which an asset can be converted into cash without affecting its market price.
Investment Banks
Financial institutions that act as intermediaries in the issuance of new securities and provide various financial services, including underwriting and mergers and acquisitions.
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