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n article in the Wall Street Journal noted that during the 2 0 0 7 - 2 0 0 9 financial crisis Fannie Mae and
n article in the Wall Street Journal noted that during the financial crisis Fannie Mae and Freddie Macthe GSEs "had gotten into trouble by taking on increasing risks."
What role do the GSEs play in the market for residential mortgages?
Part
A
They buy mortgages from banks and sell mortgage backed securities to investors.
B
They buy mortgage backed securities from investors and sell them to banks.
C
They subsidize mortgage payments for low income home owners.
D
They originate mortgages from consumers looking to buy a home and sell the mortgages to banks.
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