Which of the following is not a nickname for an agency associated with the mortgage markets?
A) Fannie Mae
B) Freddie Mac
C) Sallie Mae
D) Ginnie Mae

Question

Quizplus · Accepted Answer

Sallie Mae is not a nickname for an agency associated with the mortgage markets. It is actually a nickname for the Student Loan Marketing Association, which provides funding for students' educational loans. On the other hand, Fannie Mae, Freddie Mac, and Ginnie Mae are all government-sponsored enterprises that provide liquidity for the housing market by purchasing and guaranteeing mortgages.

Which of the Following Is Not a Nickname for an Agency