Which One of the Following Is the Government Agency Assigned

question 2

Multiple Choice

Which one of the following is the government agency assigned the responsibility of promoting liquidity in the home mortgage market?

• A)FNMA
• B)GNMA
• C)FHLMC
• D)SPIC
• E)FDIC

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Definitions:

Financing

The act of providing funds for business activities, purchases, or investments, typically involving loans, equity investments, or other financial instruments.

Financial Institution

An establishment that focuses on dealing with financial transactions, such as investments, loans, and deposits.

Security Interest

A legal claim or right granted over assets as collateral for the performance of an obligation or repayment of a debt.

Caveat Emptor

A Latin phrase meaning "let the buyer beware," indicating that the buyer assumes the risk for the quality and condition of goods purchased unless they are protected by warranty.