Section 5, Unit 2: Secondary Mortgage Market Concepts
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Which of the following is regulated by the Federal Housing Finance Agency?
Fannie Mae
A qualified mortgage is ______.
One that meets stringent CFPB guidelines
Which agency sets the guidelines for qualified mortgages?
The Consumer Financial Protection Bureau
In 2008, as a response to the 2007 financial crisis, the Federal Housing Finance Agency began acting as conservator over which institutions?
Fannie Mae and Freddie Mac
