Finance
What is the primary role of FNMA (Fannie Mae) in the Oregon mortgage market?
ATo originate loans directly to Oregon homebuyers
BTo purchase mortgages from lenders, providing liquidity to the secondary market✓ Correct
CTo insure FHA loans made by Oregon lenders
DTo regulate mortgage interest rates in Oregon
Explanation
FNMA (Fannie Mae) operates in the secondary mortgage market by purchasing conforming conventional mortgages from primary market lenders. This frees up capital for lenders to make new loans, providing liquidity.
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