Government agencies today dominate the mortgage market for low and moderately priced loans.

Question

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Government agencies such as the Federal Housing Administration (FHA), the Veterans Administration (VA), and the United States Department of Agriculture (USDA) play significant roles in providing insurance or guarantees for low and moderately priced loans, making them more accessible to a broader range of borrowers. Additionally, entities like Fannie Mae and Freddie Mac are government-sponsored enterprises that buy and securitize mortgages, further supporting the availability of loans.

Government Agencies Today Dominate the Mortgage Market for Low and Moderately