The _____ of home mortgages occurred in the 1970s, when bonds in dominations as small as $1,000 were created.
A) commercialization
B) disruptive innovation
C) privatization
D) securitization

Question

Quizplus · Accepted Answer

The creation of bonds in small denominations for home mortgages is referred to as securitization. This allowed for the pooling of multiple mortgages into one bond, which could then be sold to investors. This process increased the availability of funding for mortgages and contributed to the growth of the housing market in the 1970s.

The _____ of Home Mortgages Occurred in the 1970s, When