Finance
Fannie Mae and Freddie Mac are known as:
APrimary market lenders
BGovernment-sponsored enterprises (GSEs) operating in the secondary market✓ Correct
CFederal Reserve banks
DFHA-approved mortgage insurers
Explanation
Fannie Mae (Federal National Mortgage Association) and Freddie Mac (Federal Home Loan Mortgage Corporation) are government-sponsored enterprises (GSEs) that operate in the secondary mortgage market, purchasing loans from primary market lenders.
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