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Which of the following statements about the massive intervention by the federal government into the mortgage market via GSEs like Fannie Mae and Freddie Mac

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Which of the following statements about the massive intervention by the federal government into the mortgage market via GSEs like Fannie Mae and Freddie Mac is correct? It has helped boost the rate of home ownership in the U.S. It has reduced the systemic risk in the current mortgage finance system. Without them the housing crisis and Great Recession would have been much worse. All of the above None of the above

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