The Primary Purpose of Freddie Mac (FHLMC)is To

question 23

Multiple Choice

The primary purpose of Freddie Mac (FHLMC) is to:

• A)Provide a secondary market for mortgage originators
• B)Provide investors with a guaranteed rate of return
• C)Create competition for Fannie Mae and Ginnie Mae
• D)Provide consumers with more options when deciding on a mortgage loan

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Definitions:

Arrival Rates

The frequency at which entities (like customers, goods, or information) arrive at a point of service or processing, impacting resource allocation and system capacity.

Renege

The act of backing out of a commitment or agreement, especially in the context of queue theory, where a customer leaves a queue before being served.

Queue

A line or sequence of people, vehicles, or other entities waiting for service or processing, often analyzed to improve efficiency in operations management.

Multichannel Single-Phase System

This typically refers to a system that uses multiple channels to engage with customers or to perform a task, but operates in a single phase or stage of the process.