Examlex
Which of the following represents an effective goal statement?
Down Payment
An initial upfront portion of the total amount due, typically associated with the purchase of expensive items like a home.
Freddie Mac
A government-sponsored enterprise (GSE) in the United States that aims to expand the secondary mortgage market by buying mortgage loans and mortgage-related securities.
Fannie Mae
A government-sponsored enterprise (GSE) aimed at expanding the secondary mortgage market by securitizing mortgages.
Mortgage-Backed Securities
Securities issued for the financing of large pools of mortgages. The promised returns to the security holders are derived from the mortgage interest payments.
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