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.

Question

Quizplus · Accepted Answer

The government sponsored enterprises that were used to sell bonds and purchase mortgages from banks were Fannie Mae and Freddie Mac.

To Reassure Investors Who Were Unwilling to Buy Mortgages in the Secondary