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Why do GSE's exist? (A) All of the answer choices are correct. (B) Because there is a profitable market for mortgage-backed bonds. (C) To make
Why do GSE's exist?
(A) All of the answer choices are correct.
(B) Because there is a profitable market for mortgage-backed bonds.
(C) To make it cheaper for individuals to borrow money to purchase homes.
(D) To relieve the interest rate risk to depository lenders (banks) when rates rise.
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