Created by congress to promote an active secondary market, Financial Management

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Created by congress to promote an active secondary market

Created by Congress to promote an active secondary market for home mortgages, Fannie Mae and Freddie Mac purchase loans that meet specific underwriting standards such as loan size, documentation, and payment to income ratio. Describe the loans that Fannie Mae and Freddie Mac are eligible to purchase.

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Financial Management: Created by congress to promote an active secondary market

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