By the 2000s,an important change in the mortgage market had occurred when ________ became significant participants in the secondary market for mortgages.

Question

Quizplus · Accepted Answer

Investment banks became significant participants in the secondary market for mortgages in the 2000s. This was due to the growth of mortgage-backed securities, which investment banks packaged and sold to investors.

By the 2000s,an Important Change in the Mortgage Market Had