Major participants in the secondary mortgage markets include all of the following except:
A)mortgage companies
B)depository institutions such as banks and credit unions
C)Ginnie Mae
D)Fannie Mae
E)all of the above are participants

Question

Quizplus · Accepted Answer

All of the above participants mentioned (mortgage companies, depository institutions such as banks and credit unions, Ginnie Mae, and Fannie Mae) are major players in the secondary mortgage markets. Therefore, none of the choices should be excluded.

Major Participants in the Secondary Mortgage Markets Include All of the Following