Finance
The secondary mortgage market institution 'Fannie Mae' (Federal National Mortgage Association) primarily:
AOriginates FHA loans directly to borrowers
BPurchases conforming mortgage loans from lenders, providing liquidity to the mortgage market✓ Correct
CGuarantees VA loans
DRegulates NC mortgage lenders
Explanation
Fannie Mae is a government-sponsored enterprise (GSE) that purchases conforming mortgage loans from lenders in the primary market, pools them into mortgage-backed securities, and sells them to investors — providing lenders with funds to make new loans.
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