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When Fannie Mae and Freddie Mac were taken under US government conservatorship, which of the...

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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

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TESTED 04 Feb 2026