Which of the Following Entities Acquire Mortgages and Create Mortgage

question 24

Multiple Choice

Which of the following entities acquire mortgages and create mortgage backed securities?

• A) Federal National Mortgage Association (Fannie Mae)
• B) Government National Mortgage Association (Ginnie Mae)
• C) Federal Home Loan Mortgage Corporation (Freddie Mac)
• D) All of the above.
• E) None of the above.

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Definitions:

Spotlight Effect

Overestimating others’ noticing and evaluating our appearance, performance, and blunders (as if we presume a spotlight shines on us).

Self-serving Bias

A common tendency to attribute positive events to one's own character but attribute negative events to external factors.

Defensive Self-esteem

A fragile form of self-esteem that is highly sensitive to perceived threats and criticism, often leading to aggressive or defensive reactions to protect self-worth.

Social-cognitive

Pertaining to the understanding of social interactions and processes through cognitive mechanisms, including thoughts, perceptions, and expectations.