This topic contains a solution. Click here to go to the answer

Author Question: The Federal Home Loan Mortgage Corporation and the Federal National Mortgage Association were ... (Read 240 times)

Brittanyd9008

  • Hero Member
  • *****
  • Posts: 500
The Federal Home Loan Mortgage Corporation and the Federal National Mortgage Association were established by Congress in order to regulate banks that buy and sell mortgage-backed securities.
 
  Indicate whether the statement is true or false

Question 2

A borrower defaults on a loan when he stops making payments on the loan.
 
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

lkanara2

  • Sr. Member
  • ****
  • Posts: 329
Answer to Question 1

FALSE

Answer to Question 2

TRUE




Brittanyd9008

  • Member
  • Posts: 500
Reply 2 on: Jun 29, 2018
:D TYSM


softEldritch

  • Member
  • Posts: 334
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

For a complete list of videos, visit our video library