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<em>The Federal Housing Finance Agency, regulator of Fannie Mae and Freddie Mac, announced that the two mortgage giants will now buy home loans that go into the government's forbearance program just after they close. Fannie and Freddie had not been doing that, and as a result, lending had tightened up dramatically. Fannie Mae and Freddie Mac created a liquid secondary market for mortgages. This meant that financial institutions no longer had to hold onto the mortgages they originated. They could sell mortgages on the secondary market shortly after origination. Selling mortgages freed up funds for creating additional mortgages.</em>
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The Hellenistic World (from the Greek word Hellas for Greece) is the known world after the conquests of Alexander the Great and corresponds roughly with the Hellenistic Period of ancient Greece, from 323 BCE (Alexander's death) to the annexation of Greece by Rome in 146 BCE. The word “Hellenistic” comes from the word Hellazein, which means “to speak Greek or identify with the Greeks. It lasted from the death of Alexander in 323 B.C. until 31 B.C., when Roman troops conquered the last of the territories that the Macedonian king had once
This was a big deal because it introduced the concepts of limited government, rule of law, and due process. It also helped create the nation's Parliament (kind of like Congress in the U.S.). The Magna Carta was a government document that limited the power of the king of England and protected the rights of the nobility.
A.true i had the same prob