Finance
The 'secondary mortgage market' in the United States (including New York) is primarily served by:
AThe DOS
BFannie Mae (FNMA) and Freddie Mac (FHLMC)✓ Correct
CThe Federal Reserve only
DLocal savings banks
Explanation
Fannie Mae and Freddie Mac are the primary participants in the secondary mortgage market, purchasing conforming mortgage loans from lenders, packaging them into mortgage-backed securities, and selling them to investors, thereby providing liquidity to the primary mortgage market.
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