The primary purpose of FHLMC (or Freddie Mac) is to
A) Provide a secondary market for mortgage originators.
B) Provide investors with a guaranteed rate of return.
C) Create competition for Fannie Mae and Ginnie Mae.
D) Provide consumers with more options when deciding on a mortgage loan.
Correct Answer:
Verified
Q2: Marking the mortgage to market is the
Q10: When market interest rates exceed the coupon
Q10: Which of the following statements regarding mortgage-backed
Q13: When evaluating an investment in mortgage pass-through
Q14: Which of the following is not a
Q16: The investment rating for mortgage backed Bond
Q16: The Federal Home Loan Mortgage Corporation's (FHLMC)primary
Q18: Ceteris paribus,the more seasoned a mortgage is:
A)
Q20: The pass-through rate is the coupon rate
Q24: If a mortgage pool consists of five
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