23-12 Historically,FNMA has had a secured line of credit with the U.S.Treasury.

Name: 23-12 Historically,FNMA has had a secured line of credit with the U.S.Treasury.
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Question

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FNMA (Federal National Mortgage Association or Fannie Mae) has had a long-standing secured line of credit with the U.S. Treasury since its creation in 1938. This arrangement ensures that FNMA has access to liquidity in times of financial stress or market disruption.

23-12 Historically,FNMA Has Had a Secured Line of Credit with the U.S.Treasury