The Secondary Market for home mortgages evolved with government support. All of the following are reasons why the government supported this evolution, EXCEPT:

to facilitate and dramatically increase the quantity of funds made available to potential homeowners

to provide funds on a long-term basis

to increase the profitability of banks

to eliminate geographic disparities in the availability of capital for home mortgages

Answer rating: 100% (QA)

ANSWER C to increase the profitability of banks The banking industry is changing rapidly and maintai... View the full answer