Finance
In Missouri, which entity is the largest purchaser of conforming conventional mortgages in the secondary market?
AFHA
BFannie Mae (FNMA) and Freddie Mac (FHLMC)✓ Correct
CThe Federal Reserve
DMissouri MHDC
Explanation
Fannie Mae (Federal National Mortgage Association) and Freddie Mac (Federal Home Loan Mortgage Corporation) are the dominant purchasers of conforming conventional mortgages in the U.S.
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