Question
1. Which of the following the main purpose for Freddie Mac (FHLMC)? Group of answer choices a. Provide consumers with more options when deciding on
1. Which of the following the main purpose for Freddie Mac (FHLMC)?
Group of answer choices
a. Provide consumers with more options when deciding on a mortgage loan
b. Provide a secondary market for mortgage originators
c. Provide investors with a guaranteed rate of return
d. Create competition for Fannie Mae and Ginnie Mae
2. All of the following are requirements of Real Estate Investment Trusts (REITs) except for:
Group of answer choices
a. A REIT must have at least 100 stockholders
b. All of the above are REIT requirements
c. At least 90% of a REIT's income must be distributed to shareholders
d. Not more than 50% of a REIT's shares can be owned by five or fewer shareholders
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