To reassure investors who were unwilling to buy mortgages in the secondary market,the U.S.Congress used two government sponsored enterprises,________,to sell bonds to investors and use the funds to purchase mortgages from banks.
A) the Fed and the Treasury Department
B) Fannie Mae and Freddie Mac
C) the Securities and Exchange Commission (SEC) and the Federal Trade Commission (FTC)
D) ACORN and the Federal Housing Administration (FHA)
Correct Answer:
Verified
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