Finance
The secondary mortgage market allows:
ABorrowers to take out a second mortgage on their property
BLenders to sell mortgages to investors, freeing up capital to make new loans✓ Correct
CSellers to offer financing directly to buyers
DStates to regulate mortgage interest rates
Explanation
The secondary mortgage market (involving entities like Fannie Mae, Freddie Mac, and Ginnie Mae) allows primary lenders to sell mortgages to investors, replenishing their capital and enabling them to continue making new loans.
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