Author Question: Which of the following is a purpose of the Federal Housing Enterprises Financial Safety and ... (Read 17 times)

panfilo · **on:** Aug 8, 2018

Which of the following is a purpose of the Federal Housing Enterprises Financial Safety and Soundness Act enacted by the Congress?

A. To make it easier for potential homebuyers to acquire mortgages in traditionally underserved low-income and minority urban neighborhoods
B. To encourage owner-occupancy over rental tenure in suburban areas of the U.S.
C. To shift attention to the expense-reducing potential of homeownership through reduction of rents
D. To promote rental tenure over owner-occupancy in the metropolitan areas

Question 2

Which of the following occurred as the anti-poverty debate changed to one that emphasized building assets instead of income support?

A. The center of attention shifted to the wealth-building potential of homeownership through home appreciation.
B. The center of attention shifted to the expense-reducing potential of homeownership through reduction of rents.
C. The attention on potential deductibility of mortgage interest reduced.
D. The attention on potential deductibility of local property taxes decreased.