Finance
The secondary mortgage market in the United States includes which entities that purchase mortgage loans from lenders in New Mexico?
AThe Federal Reserve and Treasury Department
BFannie Mae, Freddie Mac, and Ginnie Mae✓ Correct
CThe NMREC and FHA
DState-chartered New Mexico banks only
Explanation
Fannie Mae (FNMA), Freddie Mac (FHLMC), and Ginnie Mae (GNMA) are the primary secondary market entities that purchase mortgage loans, providing lenders with liquidity to make new loans.
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