Finance
The secondary mortgage market in Wisconsin involves:
ASecond mortgages on residential properties
BInvestors such as Fannie Mae and Freddie Mac who purchase mortgage loans from primary lenders✓ Correct
CBelow-market interest rate programs for first-time buyers
DCommercial mortgage lending only
Explanation
The secondary mortgage market consists of investors (Fannie Mae, Freddie Mac, Ginnie Mae) who purchase mortgage loans from originators, providing lenders with capital to make new loans.
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