41 1 pts Government-Sponsored Enterprises (GSES), like Fannie Mae and Freddie Mac, have an incentive to buy mortgages in the secondary mortgage market because all mortgages in the secondary market are insured by a government guarantee and provide a predictable. certain payment stream. Othey profit from the difference between the rates they receive on a mortgage pool and the rates they pay on the mortgage-backed securities they sell to institutional investors. they are able to obtain funds at zero cost from institutional investors who prefer to hold mortgage-backed securities over any other type of debt instrument. O the government pays them a participation fee for every mortgage these GSES buy