What is the Veteran Administration’s primary role in the mortgage market?
A) To insure loans made by approved lenders.
B) To guarantee loans made by lenders.
C) To lend money directly to borrowers.
D) To buy loans from other secondary mortgage marketers.

Respuesta :

Answer: To guarantee loans made by lenders

Explanation:

The primary mortgage market is simply the market where a mortgage loan can be gotten by the borrowers from a primary lender while the secondary mortgage market is simply a marketplace where the home loans are purchased and sold between the lenders and the investors.

The Veteran Administration’s primary role in the mortgage market is guarantee loans made by lenders.