Why do low-income and high-risk borrowers receive subsidies


Problem

Why do low-income and high-risk borrowers receive subsidies from Fannie, Freddie, Ginnie, and FHA? Make sure you address the question of why doesn't the government simply hand them cash every year, rather than subsidizing their purchases of houses.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Why do low-income and high-risk borrowers receive subsidies
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