One factor that led to the 2007-2009 financial crisis was that investors underestimated the level of risk inherent in the mortgage market.

Name: One factor that led to the 2007-2009 financial crisis was that investors underestimated the level of risk inherent in the mortgage market.
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Question

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Many investors failed to fully understand the risks associated with subprime mortgages and other complex financial instruments, leading to widespread losses and financial instability during the crisis.

One Factor That Led to the 2007-2009 Financial Crisis Was