Which of the following is not a reason why subprime lending gained popularity before the Great Recession?
A) Investing in a home was seen as the safest investment one could make.
B) Subprime mortgages were seen as a relatively safe investment.
C) The value of homes had not fallen for over 60 years.
D) Subprime mortgages encouraged those with risky credit to make a safe investment.
Correct Answer:
Verified
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A) pooled high-risk mortgages together,
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