Which one of the following was a major initiative of the Obama administration to deal with home

Question:

Which one of the following was a major initiative of the Obama administration to deal with home mortgage foreclosures? (LO10)

a) TARP

b) A federal funds rate of virtually zero

c) A $275 billion program to lower mortgage payments, help mortgage refi nancing, and provide

$200 billion to Freddie Mac and Fannie Mae

d) A massive tax cut to the middle class and working class

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Economics

ISBN: 125375

10th Edition

Authors: Stephen Slavin

Question Posted: