Posted by: Pdfprep
Post Date: January 18, 2021
When Fannie Mae and Freddie Mac were taken under US government conservatorship, which of the following was not included within their operating mandate?
A . Fannie Mae and Freddie Mac will continue to buy home loans from banks to repackage them as mortgage-backed securities
B . The US government will provide capital as needed in return for preferred shares in the companies
C . The US government will buy mortgage-backed securities in the open market as needed
D . There was a 2 year limit to the conservatorship
Answer: D
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