Which entities worked as second party consolidators, purchasing loans and reselling them to investors?
A) Federal National Mortgage Association (Fannie Mae) and Federal Home Loan Mortgage Corporation (Freddie Mac)
B) structured investment vehicles (SIVs)
C) credit rating agencies
D) investment banks
E) All of these are correct.
Correct Answer:
Verified
Q1: Investors relied on the judgment of credit
Q2: Which of these regulators were aware of
Q4: According to former Federal Reserve Chairman Alan
Q5: Some observers claim that the U.S. Federal
Q6: Rating agencies were exposed to a conflict
Q7: In simple terms, the securitization process is
A)
Q8: Goldman Sachs' GSAMP Trust was able to
Q9: Early in 2008, mark-to-market accounting provisions caused
Q11: Mark-to-market accounting is usually related to all
Q15: The 1999 Gramm-Leach-Bliley Act allowed banks to:
A)engage
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