Both Fannie Mae and Freddie Mac Participate in the Secondary

question 90

True/False

Both Fannie Mae and Freddie Mac participate in the secondary mortgage market by purchasing loans originated by banks and other lenders.

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Definitions:

Produce Efficiently

The process of producing goods or services in a way that minimizes costs and waste while maximizing output and quality.

Unregulated Monopoly

A market structure where a single supplier dominates without any government intervention or regulatory constraints.

Output

The quantity of products or services produced and provided by an entity, reflecting its productivity levels.

Competitive Market

A market structure marked by a high level of competition among businesses, where no single entity has the power to influence market prices significantly.