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

Author Question: Which of the following is a purpose of the Federal Housing Enterprises Financial Safety and ... (Read 16 times)

panfilo

  • Hero Member
  • *****
  • Posts: 572
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.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

dawsa925

  • Sr. Member
  • ****
  • Posts: 326
Answer to Question 1

Answer: A

Answer to Question 2

Answer: A




panfilo

  • Member
  • Posts: 572
Reply 2 on: Aug 8, 2018
YES! Correct, THANKS for helping me on my review


dantucker

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Excellent

 

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

For a complete list of videos, visit our video library