Finance
In Alaska, a lender who 'sells' a mortgage loan it has originated is selling it to:
AAnother bank at a discount
BThe secondary mortgage market (such as Fannie Mae or Freddie Mac)✓ Correct
CThe state of Alaska housing agency
DThe Federal Reserve
Explanation
When primary market lenders sell mortgage loans, they typically sell them to the secondary mortgage market — principally Fannie Mae, Freddie Mac, or Ginnie Mae — which pools them into mortgage-backed securities. This replenishes the lender's capital to make new loans.
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