Subprime mortgages, which played a central role in the Financial Crisis of 2007-2008, had been strongly encouraged
and supported by the government before the crisis.

Question

Quizplus · Accepted Answer

The government encouraged and supported the expansion of subprime mortgages through policies such as the Community Reinvestment Act and the actions of Fannie Mae and Freddie Mac.

Subprime Mortgages, Which Played a Central Role in the Financial