In the Late 1960's, Congress Created a Number of Agencies

question 17

Multiple Choice

In the late 1960's, Congress created a number of agencies designed to address a struggling secondary market for residential mortgages. Which of the following organizations was developed primarily to guarantee mortgage-backed securities based on pools of FHA, VA and Rural Housing Service loans, rather than issue, buy or sell mortgages?

• A) Federal National Mortgage Association (Fannie Mae)
• B) Government National Mortgage Association (Ginnie Mae)
• C) Federal Home Loan Mortgage Corporation (Freddie Mac)
• D) Federal Agricultural Mortgage Corporation (Farmer Mac)

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Definitions:

Psychologist

A professional specialized in the study of the mind and behavior, often involved in research, diagnosis, and treatment of mental health issues.

Zone Of Proximal Development

Vygotsky's concept of the difference between what a learner can do without help and what they can achieve with guidance and encouragement from a skilled partner.

Scaffolding

Adjusting the level of parental guidance to fit the child’s efforts, allowing children to be more skillful than they would be if they relied only on their own abilities.

Private Speech

Verbal communication that individuals have with themselves, typically used for self-guidance or problem-solving.