Advantages of having GSEs in an economy include which of the following:
A) Providing a critical role in the housing finance system by providing large-scale access to affordable mortgage credit, so individuals can buy, refinance, or rent homes.
B) Providing liquidity for banks and savings institutions by purchasing loans, allowing new loans to be made.
C) Issuing single family mortgage-related securities in the secondary market, providing a source of liquidity for the multifamily market.
D) At times assisting families in distress to keep their homes and avoid foreclosure through loan workouts and modifications.
E) All of the above.
Correct Answer:
Verified
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