Final answer:
Credit Unions/Caisses Populaires, Trust Companies, and Banks are all sources of mortgage funding. They are financial institutions that accept deposits and provide loans, historically with a focus on residential lending. The correct answer to the question is 'All of the above'.
Step-by-step explanation:
The question 'Which of the following is a funding source for mortgages?' pertains to the different types of financial institutions that can provide mortgage financing. The options given are a) Credit Unions/Caisses Populaires, b) Trust Companies, c) Banks, and d) All of the above.
Banks, along with savings institutions also known as 'savings and loans' or 'thrifts', and credit unions, are related financial entities that accept deposits and make loans. Historically, federal laws particularly focused savings institutions on providing housing-related loans, both to individuals buying homes and to real-estate developers. Even though those specific legal regulations have changed over time, these institutions still often focus on residential lending.
The correct answer to this question is d) All of the above. Credit unions, trust companies, and banks all serve as potential sources for mortgage funding, offering loans to qualified borrowers seeking to purchase real estate.