Finance
Fannie Mae and Freddie Mac are:
AFederal regulatory agencies that supervise banks
BGovernment-sponsored enterprises that buy mortgages in the secondary market✓ Correct
CFHA-approved mortgage servicers
DState housing finance agencies
Explanation
Fannie Mae (FNMA) and Freddie Mac (FHLMC) are government-sponsored enterprises (GSEs) that purchase mortgages from lenders in the secondary market, providing liquidity.
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