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Which of the Following Is False

Question 46

Multiple Choice

Which of the following is false?


A) Sallie Mae issues securities and uses the proceeds to purchase mortgages.
B) Fannie Mae and Freddie Mac were put into conservatorship in 2008
C) Fannie Mae and Freddie Mac have a $2.25 billion line of credit with the U.S. Treasury.
D) Sallie Mae issues securities and uses the proceeds to purchase student loans.

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