Finance
Which secondary market organization purchases conventional conforming loans from Mississippi lenders and helps provide liquidity to the mortgage market?
AFHA
BVA
CFannie Mae (FNMA) and Freddie Mac (FHLMC)✓ Correct
DThe Federal Reserve
Explanation
Fannie Mae (FNMA) and Freddie Mac (FHLMC) are government-sponsored enterprises (GSEs) that purchase conforming conventional mortgage loans from primary market lenders, freeing up capital for new loans.
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