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 225 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
Thanks for the timely response, appreciate it


ktidd

  • Member
  • Posts: 319
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

For a complete list of videos, visit our video library