Which of the following was NOT a problem that had to be overcome to develop a secondary mortgage market?

Question

Which of the following was NOT a problem that had to be overcome to develop a secondary mortgage market?

Quizplus · Accepted Answer

Mortgage interest rates being too low is not a reason that had to be overcome to develop a secondary mortgage market. The main issues were the lack of standardization, the small size of individual mortgages making them less attractive to institutional investors, and the difficulty in analyzing them. High or low interest rates affect the attractiveness of mortgages as investments but do not directly impede the development of a secondary market.

Which of the Following Was NOT a Problem That Had to Be