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
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