Fannie Mae, Ginnie Mae, and Freddie Mac Were Created To

question 79

Multiple Choice

Fannie Mae, Ginnie Mae, and Freddie Mac were created to:

• A) Provide free housing to low-income Americans
• B) Provide government-guaranteed mortgages, helping more Americans own homes
• C) Provide high-risk, high-return investment opportunities
• D) Make money for the government
• E) Provide tax relief for Americans who already owned their homes

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Definitions:

Communication Barriers

Obstacles that hinder the effective exchange of ideas or information, which can arise from linguistic differences, cultural misunderstandings, and physical distance among others.

Cultural Differences

Variabilities in norms, values, beliefs, and practices among people from different backgrounds or communities.

Corporate Grapevine

An informal communication network within a business organization, through which information and rumors circulate.

Instant Messaging

A form of real-time text communication between two or more people over the internet or another network.