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Author Question: Banks, employee credit unions, and savings and loan associations that make residential mortgage ... (Read 140 times)

cool

  • Hero Member
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  • Posts: 570
on: Aug 3, 2018
Banks, employee credit unions, and savings and loan associations that make residential mortgage loans directly to borrowers comprise the:
 
  a. Primary mortgage market
  b. Secondary mortgage market
  c. Tertiary mortgage market
  d. Institutional mortgage market

Question 2

Large financial institutions, including Fannie Mae and Freddie Mac, which buy bundles of mortgages from primary mortgage lenders comprise the:
 
  a. Primary mortgage market
  b. Secondary mortgage market
  c. Government mortgage market
  d. Institutional mortgage market


Meganchabluk

  • Sr. Member
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  • Posts: 301
Reply #1 on: Aug 3, 2018
Answer to Question 1

A

Answer to Question 2

B


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