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.
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