Question

The conservatorship of Fannie Mae and Freddie Mac is the responsibility of the

A)Office of the Comptroller of the Currency.
B)Federal Reserve System.
C)Federal Housing Finance Agency.
D)Federal Housing Authority.

Answer 1

The conservatorship of Fannie Mae and Freddie Mac is the responsibility of the Federal Housing Finance Agency (FHFA).

Step-by-step explanation:

The conservatorship of Fannie Mae and Freddie Mac is the responsibility of the Federal Housing Finance Agency (FHFA).

The FHFA is an independent agency of the federal government and was created in 2008 to oversee and regulate Fannie Mae and Freddie Mac. It is responsible for ensuring the stability and liquidity of the secondary mortgage market and promoting affordable housing.

The Office of the Comptroller of the Currency (OCC) supervises banks, the Federal Reserve supervises holding companies, and the Federal Housing Authority (FHA) is responsible for insuring loans made by lenders.