Finance
Which of the following is an example of a government-sponsored enterprise (GSE)?
AWells Fargo Bank
BFederal Housing Administration (FHA)
CFannie Mae (Federal National Mortgage Association)✓ Correct
DIllinois Department of Financial and Professional Regulation
Explanation
Fannie Mae (FNMA) and Freddie Mac (FHLMC) are government-sponsored enterprises (GSEs) — privately owned companies with government charters to promote housing and mortgage market stability. The FHA is a federal agency, not a GSE. Banks are purely private entities.
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