Which of the Following Is False

Which of the following is false?

A) Prior to the Great Depression, mortgages were balloon mortgages where only interest payments were made.
B) Subprime mortgages are made to borrowers with poor credit scores, little or no down payment, and often at introductory rates that reset higher in two or three years.
C) Fannie Mae and Freddie Mac were put into conservatorship in mid 2008.
D) Today, savings associations originate and hold about 80 percent of all mortgages.