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When establishing guidelines for conforming loans, Fannie Mae and Freddie Mac use loan limits set by which entity?

A. Federal Home Loan Bank
B. Federal Housing Finance Agency
C. Federal Reserve
D. U.S. Congress

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GinnyAnsweridn

Final answer:

Fannie Mae and Freddie Mac use loan limits set by the Federal Housing Finance Agency to establish guidelines for conforming loans in the mortgage market.


Explanation:

Fannie Mae and Freddie Mac establish guidelines for conforming loans by using loan limits set by the Federal Housing Finance Agency (FHFA). The FHFA oversees Fannie Mae and Freddie Mac and plays a crucial role in regulating the mortgage market.


Learn more about Mortgage Market Regulations here:

https://brainly.com/question/45447760


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