Freddie Mac and Fannie Mae receive a charter from the federal government that ________.

Question

Quizplus · Accepted Answer

Freddie Mac and Fannie Mae receive a charter from the federal government that allows them to operate with certain benefits that are available to other corporations. These benefits include access to cheaper funding and exemption from state and local income taxes. However, their business activities are subject to certain limits and regulations imposed by the government.

Freddie Mac and Fannie Mae Receive a Charter from the Federal