During the 2007 - 2009 financial crisis, ___________ and __________, who were major participants in the secondary mortgage markets, were on the verge of financial insolvency and possible collapse in mid-2008.

Question

Quizplus · Accepted Answer

Fannie Mae and Freddie Mac were major participants in the secondary mortgage markets and were on the verge of financial insolvency and collapse in mid-2008, leading to the government taking them over in September 2008. None of the other choices mentioned were major participants in the secondary mortgage markets during the financial crisis.

During the 2007 - 2009 Financial Crisis, ___________ and __________

During the 2007 - 2009 Financial Crisis, _ and